Tuesday, September 08, 2020 6:25:43 AM
1. Reverse Merger: There could be talks about a reverse merger which would occur upon immediate approval of the drug.
2. Take over: There are talks about a takeover on the same subject as upon approval.
3. Loading and churning back and forth: Could be MM's simply see an opportunity here where if they keep it low they can keep making bank from this going from the 4's to the 9's back and forth. About a month ago or maybe more there was probably over 800million or so shares traded in a week or a little more.
I think this cycle may end soon as some of the long time players here are starting to see it and when they jump in their followers do as well. Once that happens more big hands and money see it and that is when it would take off to a penny...then some consolidation then up to .05 then more consolidation then after that it could run to .50 or a dollar or more easy...that seems to be the model anyway so far for these trip zero's biotec stocks during this industry run.
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