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Tuesday, September 12, 2017 3:24:14 PM
1) It's not just HFT, it's more than that. It's likely big (and small) funds dumping shares. The question is why they do that. Cash burn rate? Need to raise a cash soon, within two or three months, tops. Some funds are clearly frustrated.
2) Short are trying to cover cheap. The elevated volume is their best friend and they are taking out all stop losses. Need to see the shorts #s to see the dynamics.
3) The board sentiment is almost at the lowest levels. If it were measured by BSI (board sentiment index), it would be under 20 (a la RSI, from 0 to 100). The short machines have real time sensors here, and they know the real BSI numbers.
This shit storm will need to subside. And it might as we get more clarity on the company direction. So far, the Advaxis county was under the fog warning with low visibility (less than 10"). Once the sun rises, the fog will be gone.
C'mon, Mr. Lombardier!
Recent ADXS News
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