Re: another raid?
Simple, majority of this stock is retail owned. Retail is susceptible to volatility because they use stop losses, are easily swayed by fear, uncertainty, doubt, and greed. The buyers who bought in the 3's, then see the raid to low 2's, do they have the stones to stock around when they just saw unrealized losses of 40%? Me thinks no, im sure more than a handful cut their losses and tucked tail scared. Anyone with several hundred k could probably get this thing swinging. Then there is the uncertainty of the FDA and a binary decision. Still a high chance some dimwitted suit with a Pheonix University MD says naaahhh. Some probably wanted to take the 200% gains from march and not risk it. There are a lot of angles to speculate on. Havent sold yet and im holding for approval. Just my take. Lettuce c wut happenz!!