Synvista Therapeutics Inc (SYNI)

[es1]

For the most part it is a lack of interest. No news etc. But the spread is the main issue. I bought at 4 and sold at 9, 3 times but it was in small amounts and took a while to trade out. Most people will see a spread like this and sit at the bid. But as the ask drops so will the bid sitters.

It will slow down and the spread will close up at some point and regular trading will follow. The only thing that can accomplish that is volume and we need awareness to get it. So no news = no buy pressure.

That is the worst part of this. The company has not got much interest in putting out news.