RE:RE:RE:Big moves end of daySavage97 wrote: IMO, hedge funds are always manipulating stocks to juice Joe Retail and make money, like dumping shares, faking demand (pumping garbage), and faking sentiment (posting fake comments). Not falling for these shenanigans, buying at the 52 week lows, and then selling at the 52 week highs can take years or months if you picked a successful company, that's why today's news was so great...
Tetra's strong growth potential in the Life Sciences sector is recognized by the Government of Quebec.
"Tetra has been the subject of several diligent reviews by the MEI and IQ, which validates our scientific, financial, and commercial approach. In addition, the MEI/IQ adheres to the strategic vision of the team of scientists and managers behind the development of our products. I know that investors have been waiting for this announcement for a long time and I am delighted that it has finally arrived" says Steeve Nron, Chief Commercial Officer of Tetra Bio-Pharma.
Savage and Gold , I believe you are both on the right track. Whatever was the motive of those huge trades, we may never know. BUT it was NOT selling into the bid. Agreed ?
I called it a cross , meaning both groups knew each other , ie., PRE-Arranged and of course it was at the end of the day. That is almost always when they are done , to avoid retail market interference and to see the fallout from the news. In other words the deal was based on the closing price of the day.
I have seen this many times before. I have the scars to prove it.
What gives me confidence is the news that Savage has very kindly reiterated for us.
Today was the Kick-off in football or the Tip-off in basketball. imo
My money is on Tetra. Much more to come....