PROTALIX BIOTHERAPEUTICS, INC. (PLX): I agree. It is most likely result of ins...

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PROTALIX BIOTHERAPEUTICS, INC. (PLX)

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Re: Tex18 post# 2904

Monday, 01/06/2020 1:27:39 PM

Monday, January 06, 2020 1:27:39 PM

I agree. It is most likely result of institutions buying in now that the price is above the minimum price where they are allowed to take a position. Many funds don’t allow purchase of penny stocks.

I don’t think there’s been any leaked info however it’s possible some potential investors told management that they would buy if the share price got above a certain level.

I’ve never held a stock that rose after a reverse split so this is new to me.

Have fun on the slopes.

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