I understand pump and dumps very well. I followed this stock closely when it was called KBIO. A poster child of pump and dumps. Then they changed name and brought in a real pro at pump and dump by dilution Cameron Durrant who just about ruined Anavex prior to 2014 by doing dilution stock offerings that allowed hedge funds to short the stock prior to being invited to by the stock at the secondary. The short selling is done with knowledge from the companies underwriters of the offering. The hedge funds are invited to participate in the offering and allowed to sell short with that inside knowledge. This is exactly what is happening in HGEN by the same CEO. That is a wall street dirty little secret but it is legal.
Can you explain why there are no buyers for HGEN? I expected a profit taking sell off after announcing endpoints but something is going on here, hgen should have recovered, it's not looking good from an investment standpoint.
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