Oncolytics Biotech Inc T.ONC

What just happened

[TMAZZ21]

Stock drops to 2.06 Cdn, what the hell just happened?

[itntdf]

maybe rumors on reddit that musk was considering buying out the company and taking over management.

[Lesalpes29]

This stock is without any defense like most small biotech. In the news hands only. Easy for big pharma to push down the SP before any offer. Wait and see... let's go management time to unfold the kraken. GL

[itntdf]

would prefer they not release sidney powell at this time.

[Lesalpes29]

Bigger volume but not that crazy selling! Manipulation I think. The story didn't since change last week. Respirons and let the storm pass.

[Kswdelux]

  The market is generally slow through the holidays. Meaning not the normal volume of buyers. The bigger volume in the downwards direction is only due to a smaller volume of daily manipulators doing the trading through these low days taking out STOP SELLS. There is often a large volume of stock avalable through STOP SELLS if you can time taking out the STOP SELLS with a slow day, meaning

[inthno]

I would like to think you are right with the tax loss selling but do not think so given that in the general sense that the sp was up for the year and also given the 30 day provision that if you sell at a loss you cannot buy back in for 30 days if I remember correctly so those people will not be buying in anytime soon. I think it is just the general malaise in regards to this company as there is no

[Buckhenry]

they are also running out of cash so time is not necessarily on their side.  something will happen in the next 6 months good or bad... the clock is ticking dude. 

[Kswdelux]

  Tax loss selling was done in Nov and early Dec.  My comments was to the fact that their buying back in should help solidify SP going into 2023.  

[TitanBrawler]

Lemme tell you what happened.  You all got played by a professional pumper. Most notably retardable.

[TMAZZ21]

your an idiot!