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Thursday, June 23, 2022 11:24:39 AM
1. Slight change to groundhog day, where as they allow us to move up little by little over the next 2 weeks, hoping that retail sees a level where they'll sell. Then once we hit 3-5 days out from disclosing NDA, we see a MASSIVE spike in volume/buying pressure, as well as a MASSIVE increase in pps (That's if the NDA is BIG news)
2. Continuation of Groundhog Day as we know it. Let the pps get near 07, then revert back to pre-market fakedowns to drive us back down and start all over. Wash + Rinse + Repeat. Once we hit 3-5 days out from disclosing NDA, we see a MASSIVE spike in volume/buying pressure, as well as a MASSIVE increase in pps (That's if the NDA is BIG news). Also, if they do go this way, I wouldn't rule out at least one more very violent, very aggressive shakedown.
If the NDA is not as big/impactful what everyone's expecting/hoping for, the above will still apply, but I imagine we'd be held under .10.
On somewhat of a separate note, and what drove me to post this, I noticed that STXG has chosen a new perch at .122, next to PUMA. Not sure that this means anything, but definitely notable.
$ENZC
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