RE:Need to Stop Trading Pending a Management AnnouncementThe stock has been meticuoulsy taken down over the past few months. Congradulations to the market makers! You have done an excellent job taking the stock down gradually over that time period., so no one would panic selll. Obviously, someone or a few individuals with large positions wanted out and the market makers sold gradullay over that time period. good job!
I do not think they are finished selling looking at the asks. This is why you have to have large, institutional ownership. So a few sellers cannot take down the stock to these levels.
Looking at the sector it is not just Red Light however. Take a look at Compass and Mindmed.
HELLO TODD and BRUCE? where are you.