RE:RE:Seller balanceCorrect - the seller is done. I posted it yesterday, based on my assumption of 30-50% of vol and not including the 112k share cross. I've also noticed the 100-200 share every 15-20 minute trade regardless of price (which is a typical algo put in place) stopped over the last 2 days. My guestimate is they are gone. My warning yesterday was that, like any trading analysis, there could be others so take it with a grain of salt.
My hope is that this will work in the reverse if there is positive newsflow around the finish of 1a and the beginning of 1b. There are two data points we could hear updates -- next weeks conference presentation and the annual meeting. All we know at this point is that the first 3 at 300 had either completed their cycle or were close, and they had no SAEs and that they were close to getting the final 3. It would be crucial to know there were no safety issues and that that dose stands --on to the basket where the tumors should show a higher degree of overexpressed sortilin to "common" sortilin, thus getting loads of chemo into the tumor relative to all the other places sortilin will "latch-on" to the PDC.
palinc2000 wrote: Looks like the end of the selling is close
Wino115 wrote: Same pattern last 2 days. One interesting little pattern yesterday was that when they leave the market, the share rises. They let it rise and then his every single bid down .10-.12 cents to unload a larger chunk. My guestimate is they will only have around 20-30k left after today, so they will likely be out in no more than 2-3 days. Now, for all I know someone else has joined in with that algo selling, but we'll find out next week probably.