Bullboard - Stock Discussion Forum BioNxt Solutions Inc C.BNXT

Alternate Symbol(s): BNXTF

Healthcare

BioNxt Solutions Inc. is a bioscience company. The Company is focused on drug formulations and delivery systems, diagnostic screening tests, and new active pharmaceutical ingredient investment opportunities, including precision transdermal and oral dissolvable drug formulations; rapid, low-cost infectious disease and oral health screening tests; and standardization of emerging active... see more

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BioNxt Solutions Inc > Anybody has an idea why Xphy is selling off today

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Post by Adwari on Jan 25, 2021 10:05am

Anybody has an idea why Xphy is selling off today

It's quite strange.

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Comment by Adwari on Jan 25, 2021 10:21am

I hope it's short selling to scare people to sell their shares and buy cheap shares in anticipation of good news. I pick up some cheap shares. Will see how it plays out. Good luck!

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Comment by IfIOnlyKnew on Jan 25, 2021 10:39am

I think it is related to the inquiry

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Comment by dogfather94 on Jan 25, 2021 10:53am

What inquiry?

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Comment by Adwari on Jan 25, 2021 11:59am

This is the reason but I think the selling is overdone as nothing materially has changed as far as XPHYTO is concerned with respect to the approval of their PCR based rapid test for COVID-19 is concerned. https://stockhouse.com/news/press-releases/2021/01/22/xphyto-provides-comments-on-promotional-and-marketing-activity

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Comment by wallpaper2 on Jan 25, 2021 12:33pm

This isn't going to stay down for long. They have the goods on several fronts and this is going much higher! I have 20 stocks on my watch list and 17 are down today. All exchanges are down today except Japan. RELAX... news is coming and its normal for exchanges to ask for reasons why share prices move up suddenly or [50% in one month as in xphytos case.] Nothing unusual about that and ...more

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