Many times in this stock small size will trade on the buy side which typically indicates a there will be a larger print on the sell side at higher levels. It also goes the other way. As is true with all things in the market it doesn't always happen this way, but more times than not it has.
It is getting especially frustrating when you have an order on the bid or offer and an algorithm executes 59 (for example) shares of a 10000 share order to knock that order off the level 2. Trying to analyze why a trade happens at one price or another is a futile exercise. It is all speculation.
I think this recent FDA approval on the TBI treatment is going to move the needle. How much it moves and how fast depends on the flow of information we get from the company. Clearly just the huge amount of money the NFL is contributing to the former players shows the magnitude and the potential.
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