Downtrend, you haven't understood the warrants yet? The owners of the warrants keep getting more shares as the price goes down. They will not stop selling until they have gotten all the 37 million $$ they are owed. As long as somebody is buying they will keep selling. Nothing illegal here, just a bad way of funding the company.
Therefore until all those warrants are dried up this stock will continue to go down, down, down. Time for everyone to understand that. No experiment results or future deals or "40 fun facts" will change that.
And by the way, the company burnt 15 million dollars in the last quarter. If they continue burning cash like that, within 2-3 quarters the company will be worthless.
And you want more bad news? They will face delisting in December if the SP is not above $1. They have stockholder approval for 8:1 reverse split. That is not enough at these prices and if the price will not go up, or they get approval for different reverse split, they are doomed to go to pinkland.
Still believe in AEZS? good luck!
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