RE:"Griproom" article - 10 signs your company is to be acquired This last part describes ONC's trading pattern quite well. In what rational world would an announcement of a dramatically improved cancer treatment have no lasting effect on stock price? Scum and villainy abound. (Cue the dixieland oboe)
10. Your stock has become disconnected from reality
It becomes painfully obvious that your stock is being manipulated if instead of going up a little bit each day, it goes down a big amount.
The larger the spread between what’s happening, and what should be happening, the larger the chance of a buyout.
Another disconnect is sentiment.
The more ridiculous the price action, and the more ridiculous the reasons behind the price action, the more likely your company is to be bought out.
Wall Street is a treacherous place. Or, as Obi-Wan Kenobi put it, “You will never find a more wretched hive of scum and villainy.”