You would probably have to ask those "adding" to their positions to take advantage of the perceived news/move.
Perhaps some short covering at first, but seems likely those short positions were taken back during the current slide on what....disappointment? We know long positions are NEVER liquidated....at a loss.
Until F1ash pointed out I was a week off, I was of the hope it was Cantor with a major client. Alas...NOT.
I’m pretty sure the shares purchased under the LPC ELOC agreement did not show up in daily volume on the day LPC purchased them from Anavex. They would not show up until LPC resold those shares into the market.
I believe under the new Cantor ATM the shares will show up on the day that Anavex requests Cantor to sell shares for Anavex directly to investors on Anavex’s behalf.
To my understanding Cantor is an agent who sells Anavex stock to investors for a commission on the sale without taking possession of the stock and trying to flip it for a profit like LPC did.
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