Post by
westcoast1000 on May 16, 2023 5:40pm
Market turmoil
Today was the worst day in two months on North American markets. We drop one penny. The bid-ask spread is big on relatively low volume.
Comment by
KTDfyi on May 16, 2023 11:01pm
One penny. I was looking at the biotech sector a few times today, Red from pre-market to the end in virtually 90 plus %.
Comment by
Lesalpes29 on May 17, 2023 10:55am
MMs are holding the SP probably.
Comment by
fox7mf on May 17, 2023 11:03am
This certainly doesn't appear like a biotech on the cusp (ASCO) of a $10b usd buyout. Perhaps many months from now the BOD will have created some shareholder value. My opinion. Go Oncy!!
Comment by
Lesalpes29 on May 17, 2023 11:20am
Fox I really think the SP wil stay where it is until management got their new options at around the actual SP. I could be wrong of course.
Comment by
JohnnyYeg on May 17, 2023 3:21pm
Need sellers for the people who will buy at higher prices to drive the share price up. Not much they can do about that, except drop a NR after 5:00pm next Thursday...