Short answer is no, but things to consider about Cormedix and other similar companies. There is a relatively high retail investor presence with high expectations of what is going to happen tomorrow or today or in the next hour. Many are playing with scared money and sell when they start seeing a down trend or start Cadillac shopping when there is an uptrend. This makes the stock prone for big swings inviting day traders to the party. This creates great opportunities for shorts to play the game. Most wild pre and post movement swings are on a few shares. Is this MM sending signals to each other, a retail investor scared and dumping his/her 50 shares, or a retail investor buying way to high cause sticktwits says it's going to the moon? Who knows, but I don't care about meaningless swings myself. This type of movement will only stop once the volatility slows or there is a much higher institutional stake. Tutes seem to be buying in Q2. If their holdings can eventually get to 50% or so, the games you see will slow. Right now, I think everyone can make money here.....traders, shorts, and longs......pick your poison. I am staying long cause that is all I do. All just my opinions. Good luck to you.
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