RE:The big ASK wall is a faked one 2) Clinical data does leak. That has happened for a number of stocks. I can even think of a few instances in TLT's case where a large price change predated news. Although that hasn't happened recently,
3) portfolio rebalancing could be occurring with seller. Impossible to rationalize without seeing their portfolio. Perhaps they want to lower their exposure to binary events. Upside with bio is also tricky, also add in that we are TSX traded. I will be surprised with even with stellar results if we are over $1. +100% gain for a binary event is good but not great. I could be totally wrong and we end up going up 300% but doubt it. My PT EoY is CAD $2 but have to be very conservative.
just my imho.