Humanigen Inc (HGENQ)

[Corundum]

Nomis still has over 5.5 million shares. I don't think they are the enemy. They sell small amounts -- not enough to move the needle much on the stock price. Often they report 3 days of activity at a tme, and the total for the three days looks bigger in terms of daily volume, but if you look at the detailed report, you will see that the individual days are not all that big, and the average Nomis selling prices on those days don't really correspond to significant points in the day where the HGEN stock price dropped.

I have posted before about why Nomis may be selling, so I won't repeat them. For whatever reason, their actual sales seem reasonably constructive in avoiding dropping the price. Remember that Humanigen itself is selling 5 times more shares a day than Nomis starting from December 31st with their $100 million ATM share offering that may still be ongoing.