ANI Pharmaceuticals (ANIP)

[Just the facts maam]

Catty Bagel,

It could be the start of a pattern to pick off shares.

On October 13th it momentarily popped to $65 from a close of $54.23 the previous day most likely on the Bloomberg Report of a potential sale. Institutional investors were able to haul in back down and slowly release it as it made it's way back to a close of $63.35 on November 23rd, the day before it set a new all time high of $74.70. It was then pulled back down and was slowly released.

They may have picked up all they could by triggering stop losses. And have started trigger automatic sales. With the additional share now available they start the process of grabbing what they can at the best price possible. If it works its way back up to just shy of $75 and unleashes another big $10 - $15 gain, we may see a few more jumps on the way to a deal being announced.

Just a possibility.