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papaphilip

04/07/21 11:56 AM

#27624 RE: dloggold #27620

So the big boys bought 5 million shares at $18.50 in the past week. How is it that they aren't supporting this here at $17? I mean they're down over 8% on a huge purchase. I suppose I should look at that as glass half full: that there's little volume, the big boys are patient, and they don't lose. But all this red for days makes me look at it glass half empty - what is wrong here. I keep thinking we've hit the bottom and it has to turn up. LORD.. help me be patient.
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cowtown jay

04/07/21 11:58 AM

#27625 RE: dloggold #27620

I can't believe they would sell at that price, dlog. I just wouldn't be surprised if a suitor may be trying to render a tender offer in that range.

And since none of Marty's antics involved KBIO/HGEN, I really don't think he is a factor here at all.

Four weeks ago, Nomis sold at $17.23. I wonder if he was thinking that there would be an effort to close our gap from $14.60.