RE:Share activityJefnan1 wrote: There is no way today's activity has anything to do with the opening bell. I read the daily comments on here and can't believe the people who think the share movements either up or down have anything to do with the factors that effect a mature company on a daily basis. This is a speculative drug development company so if you believe the proof of concept than you shouldn't care what happens on a daily basis.
Obviously the opening bell didn't move the SP today. That's dumb. I dont think anyone here believes that's the case.. (+$.85 on a bell opening?? Shouldn't we just play opening bells everyday then? Lol)But nonetheless, something did act as a catalyst for the upward movement today.
We have traded sideways for months. Struggling with the $4 mark as a hurdle since the offering. (June 30, 2020)So with no news announced, aside from that of the opening bell, and nothing else changing today, we are left to assume that , as it was also today, the bell may have had a correlated affect on the SP. I personally don't think this is the case at all, and that bigger things are happening in the short term behind the curtain. Time will tell.