RE:RE:Price Drop Thursday's closing price was $4.60 - it is now $4.00. With almost 1.7 million shares that's over a million dollars in a little more than a day.
And that is a continuation of a steep drop in recent days.
But this steep decline, like all of the others in the last couple of years, is not characterized by a rush to the exit - trading volumes have been low, but by a succession of mini trades.
(according to my files, the record is 23 consecutive trades of less than $100 all from the same buyer)
So, while the market price of anything is what a buyer thinks it's worth, is that happening in AGN's case or is the market price what the mini traders want it to be?
In my opinion, regulators who are supposed to be guarding investor interests, should be considering that question.