NEU 0.00% $19.97 neuren pharmaceuticals limited

Ann: Comment on research report, page-96

  1. 6,027 Posts.
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    Ash, I have tried, many times on this forum, to point out that NASDAQ a/h trading is typically total 'bullshit'. Apparently people ignore this FACT.

    Today was an exemplar.

    A/H volume is currently 37,974 (admittedly, a bit higher than usual) but what was usual was that all but two (I said it before today - 2) were at the close of $25.18 OR LOWER. Those solitary 2 shares happened to be the current last trade @ $25.48 (for a whopping $50.96).

    [Normal trade turned over 3,529,664 shares to close at $25 18.]

    I was dismayed that Neuren actually highlighted the afterhours (non) rise in their ann. Factually true but TOTALLY misleading. A very bad bad IMO.

    Apparently many were fooled by it.

    I warn anyone who takes notice of ACAD A/H trading to investigate the trades (a very simple thing to do), before placing any significance on them.
    Last edited by What A Gas: 16/02/24
 
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