Humanigen Inc (HGENQ)

[PITrader87]

Nasdaq has perked up nicely from earlier lows, no surprise here, leaving HGEN shareholders behind to continue suffering.

I'm seeing only news that I would interpret as a good thing for HGEN today. European countries rapidly going into lockdown as a 3rd wave spreads, many publicly saying vaccines alone are not enough. FDA has stopped distribution of LLYs mAb to western states because it's becoming clear it isn't effective vs variants.

IMO, down is not a bad sign before a huge catalyst - AKA data release. MMs use fear ("someone must know something") to strip retail from their shares when they know they will be in high demand soon. Letting the stock run only creates excitement/FOMO buying from retail, creating a nice landscape for institutions to rid themselves of shares they know will soon be less valuable. It's Chess, not Checkers.

If you're confident in your DD, short term price fluctuations are just noise. Have patience. We are almost there.