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dennisdave

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dennisdave

Re: sentiment_stocks post# 471283

Wednesday, 05/11/2022 3:47:28 PM

Wednesday, May 11, 2022 3:47:28 PM

Post# of 701399
For the last 12-18 months, it has been of fashion to short biotechs AFTER POSITIVE topline data. The reason why shorts target biotechs after positive topline data is that retailer biotech investors are expecting the SP to run and no one is buying anymore. The sell pressure does then therefore not meet any more demand. Retailers loaded up before topline is PRed and are completely confused when the opposite happens after positive topline and then thus sell in Panic tumbling the SP.

NWBO yesterday was a perfect and prime target and this is exactly what happened.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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