Behavior never lies. I concur with 99932Apophis that this wall on the ASK side is a faked one.
For many reasons:
1) We've seen this pattern so many times on the TMX-V for stocks that don't trade with much volume while offering imminent nice upside.
2) Nothing will leak at TLT. It will be what it will be. So trying to induce us to believe that we have to leave the boat asap simply doesn't make sense. Clinical data also never leaks. Strict rules are in place, for those familiar with the process.
3) Why
one investor, for an important value (initial order was 306,000 shares (so 137,000$)), when we're so close to the goal line, would suddenly want to exit, when the risk/reward is so compelling (low downside risk (88M$CAN to lets see 40M$CAN) versus infinite upside (88M$CAN to 5G$US (36-70x upside potential )), especially since we've been told that:
1) "
7/10 patients (70.0%), who achieved a CR at 90 days continue to demonstrate CR at 180 days" and that we could aim at "
Hence, the potential for CR is up to 75.8% (**)"
**
Assumes both PR and Pending data are clinically determined to be CR at a later assessment date. 2) In the total population of 18 patients (@ 90 days), who received the optimized treatment
44.4% achieved CR >> 11.1% achieved PR >> 38.9% are Pending >> 5.6% achieved NR
"
Hence, the potential for CR is up to 94.4% (***)"
***
Assumes both PR and Pending data are clinically determined to be CR at a later assessment date 0,445 $ | 32500 | 4 | 0,45 $ | 294500 | 1 |
0,44 $ | 5000 | 1 | 0,46 $ | 500 | 1 |
0,435 $ | 20000 | 1 | 0,465 $ | 5000 | 1 |
0,43 $ | 15500 | 2 | 0,47 $ | 254000 | 6 |
0,42 $ | 20000 | 1 | 0,475 $ | 25000 | 3 |
0,41 $ | 10000 | 3 | 0,48 $ | 37500 | 4 |
0,40 $ | 49500 | 1 | 0,485 $ | 2000 | 1 |
0,38 $ | 10000 | 1 | 0,49 $ | 26000 | 3 |
0,37 $ | 15000 | 2 | 0,495 $ | 26000 | 3 |
0,36 $ | 8000 | 1 | 0,50 $ | 15500 | 3 |
TLT is trading at very low volume since Feb. 29:
Volume |
195143 |
18000 |
22920 |
44155 |
112056 |
209449 |
198569 |
219777 |
21294 |
17350 |
103600 |
56900 |
68100 |
61000 |
48500 |
331579 |
272558 |
148675 |
122833 |
161195 |
116721 |