Let the news filter out, institutional buyers like people As there are 'early adopters' in new technologies or investing in a stock so too there are early adopters of institutions willing to dip their toes into cannabinoid pharmaceuticals. The collaring algorithm used by IT Virtu Group doesn't even qualify as a pimple on the butt when it comes to instituionals purchasing. Let's give it some time now between now and when the DEA reschedules.
Institutional buyers albeit much bigger buyers can take a bit longer to get the internal approvals before their trader makes the purchases.
Oh, as far as the 'wall' collaring the stock price.....it's forcing the stock price to stay off the radar screens of institutions that review companies and their stock price suddenly 'breaking out' by flashing green with a large percentage price gain.
IT Virtu Group will be playing their 'game' until institutionals overwhelm their algorithm but unfortunately, IT Virtu Group will find out all that work of illegal trading, those gains will be confiscated and they will be fined.