Today is the last trading of Q1. What’s going on today is called “Window Dressing” ie “a strategies used by mutual fund and portfolio managers near the end of a reporting period to improve the appearance of a fund’s performance before presenting it to clients.” The stock started the year at $,69 and was trading at $,64 yesterday so they had to “manage” the price to show a nice gain for the quarter. This has nothing to do with the operations of the company. We could see a major reversal next week if we have news from the MHRA or from the company.
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