There was a very large trade on the options chain today. $1 strike may 20th puts...5,000 contracts were sold. Then $1 strike June 17th puts....5,000 contracts were bought.
If the price stays below $1 by tomorrow that first trade will have the shares put to them. Then if that same trader owns the shares they can exercise the short position on the ladder trade.
I don't quite know what to think of this but it should interesting real soon
Yes, Regarding Results it's NO different than the Studies mentioned that shows P3 trials to succeed 60% of the time and then move on to the regulatory filing stage, which has an 80-90% "APPROVAL RATING"