Re: Interesting
I agree that it is difficult to discern impact, but I think this much. First, there is less interest in taking the price lower in order to protect the short positions and , second, that what we see daily now is more a real reflection of current market interest and volume (although the MS market maker is still negatively biased).
Early September, prior to ESMO, should be very telling re price and volume driven by potential buy out. Hopefully, I will be well positioned to capture some of the money that I've left on the table over the years w this stock by buying right during what is usually a lackluster August.
Butch