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Tuesday, December 03, 2019 8:05:21 PM
shorts cant do a thing with it. and now they are forced to cover.
they are going to have to start covering tomorrow or they will sustain very heavy losses here.
bought volume: 32 million shares
sold volume: 36 million shares
this is for today. and the stock closed up nearly 16% anyway.
https://ih.advfn.com/stock-market/NASDAQ/onconova-therapeutics-ONTX/trades
and it is up after hours.
and now we are just 3 days away from the company presenting critical data that the markets will find quite favorable.
that is why a hedge fund grabbed 10% stake in the company stock.
and then yesterday another fund snatched up over 2 million shares for a 5% stake in the company stock.
these fund managers are a lot smarter than the average investor/trader.
they have the inside scoop.
they know the deal.
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