MGNX—Do you think this shortselling accounts for the surge today?
No, it’s inconceivable that mere short-covering could account for today’s 231%(!) gain. The 1Q20 CC yesterday may have had some kind of “tell” vis-à-vis the ASCO data to be presented next month.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”