Today was the lowest close for AVXL in 6+ months. It seems the 'pool folks' are continuing their pressure.
IPIX shorters are out in numbers as well. They will not step away from either company easily.
It is most likely order execution for the hedgies and offshore bandits. The MM's mostly execute the orders when they come. In addition they use their trading bots to make each day profitable.
All of this plays to our favor if we are nimble and not overly greedy. When our shares are free and some green is our pockets as well then we can get greedy for the large strike when science comes to fruition. My stakes in both are growing at their expense. Yours should be too. :-)
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