Immix Biopharma Inc (IMMX)

[Oracle]

There's no surprise here, if you look at the chart, today was the exact same institutional sell-off algorithm that was run yesterday.

Yesterday's selldown to the close, extended hours run up into this morning, was simply a run-up on Ext Hrs low volume, to cue up the second selldown day while traders caught yesterday will seek to get out, before volume fades.

It's a standard insitutional sell down model, run all the time on dozens of tickers after a small news drop. They'll pump it again at some point in the year on fresh news, but why hold a slow mover when there are bigger movers for less money that can be flipped each day instead of getting stuck holding long?

That's my only point.

Happy trading!