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Alias Born 09/05/2023

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Saturday, 10/28/2023 2:46:49 AM

Saturday, October 28, 2023 2:46:49 AM

Post# of 461749
Here's a conspiracy theory: was the recent increase in trading volume partially due to the big short sellers disguising transactions and covering a portion of their position while the SP bounced off a yearly low? If true, I think today they helped walk the share price back down to repeat the process several more times. This hypothesis assumes the Alzheimer's data analysis will be published no sooner than early December, giving the short part of October and all of November to cover their full position. Keep in mind that the stock was trading at 4x its current level for a while, so covering even at $6/sh is a bargain for them. If the Nov/Dec time frame is correct, the shorts could be foiled if everyone else refuses to sell while the price rises until a new ATH is obtained. I know that won't happen, but I, for one, plan to hold all of my shares until the SP surpasses the next all-time high, even if I need to wait for Rett's approval.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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