Post by
SPCEO1 on Nov 08, 2021 2:20pm
A lot of odd stuff going on
This low volume, $3.50 thing is dfinitely weird. I am sure it will make more sense at some point but it is very odd trading behavior. One theory is that Cantor is holding it there as they expect the ATM to put into action soon and are acquiring shares carefully at this level as part of a market support initiative and to wharehouse them for future selling onto clients once the phase 1a results are out.
And Leah's name still being on the website is odd too. It is not that hard to fix - so why have they not updated it?
I suspect there is more going on here than we know. Maybe we will get some hints on Thursday when Paul speaks at Credit Suisse's conference.
Comment by
Wino115 on Nov 08, 2021 3:25pm
Would you need a market support capability for an ATM? It would be awful risky for Cantor to by housing a high risk asset inventory, wouldn't it? The capital cost would be high unless they know more than we do. I would highly doubt they know more than us.
Comment by
muslix1 on Nov 08, 2021 5:59pm
i did it 2 days ago for tax lost... but i will buy back in 31 days..
Comment by
SPCEO1 on Nov 08, 2021 6:49pm
Unfortunately, that is a real risk for tax loss sellers this year. The phase 1a could easily be finishing up around now but if it goes to the last dosage level you should probably be all right.
Comment by
SPCEO1 on Nov 08, 2021 6:49pm
Unfortunately, that is a real risk for tax loss sellers this year. The phase 1a could easily be finishing up around now but if it goes to the last dosage level you should probably be all right.
Comment by
realitycheck4u on Nov 08, 2021 4:15pm
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Comment by
PWIB123 on Nov 08, 2021 4:44pm
Surely a short-term gap fix until they have someone better suited, right?
Comment by
SPCEO1 on Nov 08, 2021 4:53pm
Than has to be the case, particularly if their hiring of medical staff is an indication of a lot of activity on the cancer front in the months ahead.