Sometimes MMs (market makers) do that way, even if the earning and guidance are strong. This is manipulation to kick out impatient hands and grab more shares at cheaper rate. ALIM will go up and I bet this company will be bought out by a big pharma in 2 years or less. Just look at the their drug candidate ILUVIEN - it's unique, it's the only one in its class and massive potential. It's a disruptive bio-tech candidate in DME market place. I am long here.
if you check level 2, you will see there are not too many seller. only 100 or 200 or 300. they are deliberately trying to depress the price. Since too many share are bought at early, people are waiting at the end of the day or eary tomorrow to buy again.
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