Old API Wind-down Ltd - Ordinary Shares ARLZQ

Same thing just happened to SPPI 10 mins ago

[GoldenDilemma]

Go do your homework. Look at the chart. they also have an FDA meeting today.

[kuatolives]

Well, either the crooks who triggered all those stop losses just robbed those people blind, or did them a favor. Guess we'll find out at the end of the day.

[kuatolives]

How does the SEC allow this garbage?  They essentially just robbed people.

[GoldenDilemma]

A 20% drop on zero news, on the day of the PDUFA, after a near 100% run up is a pretty solid case for a bear raid to take out all stops and accumulate cheap shares if you are pretty confident that it gets approved. Though, we will soon find out. In any case, what are you gonna do? Sell on fear? This is no different than a huge share price pump which is used to lure in suckers who will end up

[kuatolives]

Both ARLZ and SPPI had their flash crashes over 6 minutes: ARLZ 11:34   11:40   SPPI 11:54 12:00

[GoldenDilemma]

Yes, and both are having tea and biscuits today with the FDA. 

[kuatolives]

Seriously, what a bunch of crooks. So are you just completely screwed if you get stop-lossed out at a 75% loss? Like, is this even legal? I'm guessing yes because wall street is so crooked.

[GoldenDilemma]

Kuato, as much as it sucks, it's fair game. Plenty of people have been burned on the inverse scenario. Bogus company releases a phony PR to pump the price. Investors get lured in buying at steep % increase. In the coming weeks, or even days, shares get dumped. Perhaps insiders cashing out, etc. A recent example is Nymox. This is a disaster company. Look at the past 24hrs for them.