Partially agree, Meisha. You are probably correct that the cost of them trappingg the pps in the range is relatively light, considering the low recent volume. Plus, they are probably making money on their swing trading. I tend to disagree with you that we need Phase 3 approval (or imminent approval) for a sustainable move up. But we've already had that conversation. It will not take an unrealistic amount of steady tutes accumulation to throw a monkey wrench into the algos' program. Which could very well come with an EU AXAL deal and potential (or actual) EMA approval. If nothing else, longs will increase their bets and shorts will decrease theirs as the EMA process plays itself out. IMO. And if we actually get EMA approval that will be major validation of the entire platform. I'm also looking (hoping) for BTD/fast track and possibly even accelerated approval on a combo indication before Phase 3 AIM2CERV completion/decision. Although I believe that could get accelerated approval on interim data also.
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