RE:RE:AEZS PriceCiao, "AEZS's share price rose conveniently about 50% just prior to the sham merger announcement (there was no company specific news to account for such a large move)."
The S&P Biotech ETF was up 33.5% from November 1 to the day of the merger announcement on December 14, 2023. Microcaps are generally expected to have a higher beta thus AEZS's rise is not unusual.
"Double top formation with breakdown at the neckline."
LOL!