Replies to post #27498 on Humanigen Inc (HGENQ)

[cowtown jay]

I think it's "Mission Accomplished" for our market makers, and whoever they are executing trades for. We are finally trading below 5x $ CYDY again, where we were even before the reverse split. Unfortunately, it will not cause them to change their algorithm, so we will continue to see the market makers drive us to price change parity, where they will establish support and resistance. They will drive us as they have been, by opening the gap in our spread. They sometimes try to disguise their action by simultaneously dropping both the bid and the ask by 20+ cents (they did that Thursday from the $19.60 range down to the $19.40 range). So if you're just looking at the bid and ask prices, you may not even notice that it had been gapped down.