Post by
Scorpio2 on Aug 24, 2022 4:50pm
End of Day Fun and Games
To me it just looks like someone or some broker is trying to force the price down to get at any stops. They are shaking the tree. I think management knew this and worked to put up those laddered bids a wek or so ago. So whoever was doing the tree shaking felt they were prepared to lose 150-200k shares in a very short time frame in order to free more shares loose for them to buy. Nobody trades like that if they are sane and have a profit incentive. Looks like "fun and games" leading up to the data release to me. Hold your shares tight. I think a lot of poeple want them and they are unscroupulous.
Comment by
ScienceFirst on Aug 24, 2022 5:02pm
Scorpio2 ... Great post. I have the same reading as you. The process of clinical data is safe. Data is emailed directly to the Theralase CEO. So it cannot be leaked. FUD, mind games being played.
Comment by
StevenBirch on Aug 24, 2022 6:09pm
Yes and it's not like it's the day before expected news, they have 3 or 4 days to get back what they sold if they haven't already. It's always the same houses on both sides of most of these trades on days like this. It's all designed to get the nervous ones to sell and I guess some do because this happens every 'quarter'.