ANI Pharmaceuticals (ANIP)

[Just the facts maam]

I noticed that since the May earnings there were three trading session with over 300,000 shares traded. The first traded as high as $70 and was dragged down to as low as $60.36 before starting its climb back up $69.09 before the next >300,000 share trading session. We are now on our 10 consecutive day of lower closings with volume on Friday was above 300,000 again. Meanwhile institutions know that ANIP set new record patient starts for both April and May. Certainly looks like controlled accumulation.

When they are done accumulating we should see it climb back to $70ish range and blow by the $81.60 target price (maybe closer to $87 for the only target price that was issued after May's Corti sales information.



JMHO

Just my opinion.