“If you map all announcements over the past 2-3 years it has caused drops in price. The most important milestone announcement caused the biggest drop.”
Not true. If you look at the movements down post announcements it’s really only been since April 23 and that was 2 months after a sizable chunk of stock came out of escrow. My take is that some of the escrow holders are selling, or rather, would have sold more had the SP stayed up, but are now reluctantly selling at lower prices in smaller size.
I don’t know what’s left but I’d think we are pretty close to seeing the back being broken.
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