RE:Down 30+% since hitting $4.17Juniper88, I think you are absolutely correct. If you recall, RetiredRIA also mentioned he suspected that several high net worth individuals that he knew could have been building a position in that run-up as well. The story seems to continue to be that THTX is struggling to make a compelling case to the market - institutional or retail. We've seen essentially anemic volume in the days since hitting our previous peak around April 23rd or so and thus, are subject to the whims of the few on any given day.
The silver lining here is that it will take just as few individuals or even one institution to move the price just as quickly in the right direction for us on the heels of positive news, IF management can create that positive narrative and excitement around the upcoming trial.
It's days like these that I keep reminding myself of Wino's loaded spring!