MediPharm Labs Corp (MEDIF)

[Pugetsounder1]

I've read two interesting theories about the sell-off today.

On Reddit a commentator complained about the sudden rebalancing of the ETF on Friday afternoon just before closing as it rapidly increased its holdings in MEDIF, thereby artificially and temporarily inflating the SP. By this logic Friday's price was unreasonable and today's is reasonable and we should hold here.

In contrast, on the Yahoo board, a commentator suspects some manipulation because 1,851,700 stock options were granted to directors, employees and suppliers-etc.. He claims the exercise price is the close of business 8/13/2019. It is in the best interest of these option holders to have a discounted stock price today, so the price fell. By this logic we should rebound tomorrow.