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Re: Corundum post# 25107

Wednesday, 02/10/2021 12:35:36 PM

Wednesday, February 10, 2021 12:35:36 PM

Post# of 43140

Or HGEN is selling $100 million of stock, day by day, in an ATM offering where they are not allowed to smooth out the stock price effect.


That would be a good thing because it means they have been keeping the stock price down. As soon as they stop selling, the stock price will rise. With trial results a few weeks away, now is the perfect time for the big investor(s) to stop selling. They still own a ton of stock and want the stock price to explode with trial results and then they will sell more stock. They also want to the stock price to be as high as possible when trial results are released because a higher starting off point will mean a higher end point.
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