Talphera Inc. (TLPH)

[Whalatane]

RMB. very low vol so wouldn't take much to drop the PPS if someone unloaded 20,000 shares at once , .simply because of general risk off ....nothing TLPH specific.
There is a lot to be on edge for right now . Inflation coming in hotter than expected , interest rate cuts delayed ( or eliminated ) for 24. How is Iran going to retaliate against Israel and will this cause a spike over $100 in oil. .
Market over all has run a lot the past 6 mths so some are simply reducing their exposure .
Market was broadening out, but after the CPI reading , small caps in particular sold off .

Note. as example I reduced my position in RZLT before the CPI report

Up close to 80% since my initial purchase. Reduced my position somewhat going into the CPI report tomorrow as a bad report will mean a sell off in spec biotechs as well as small caps .
Simple risk mgt.

Kiwi