Most investment in small cap biotechs are SHORTS covering their massive short position after huge dump like this one
that position is essentially short they covered in the form of investment
The investment you see in failed biotech like this TURD is actually short opened much higher, they can't cover in open market so they offer that as investment to company and cover their short
The game is all rigged on wallstreet, small guys are taken for ride
wake up
All biotechs that get pumped ahead of news have bad news ahead and vertical drop like this one. The MM and shorts work a deal, pump the crap out, short the stock and cover them as investment behind the door..
smell the coffee
everything is rigged on wallstreet- especially small cap scams like this, average Joes have no chance, they look for homerun on small cap TURD like this one only to become homeless :)
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