Thank Mitta
I noticed the volume too - we typically only get volume bigger that that when there are announcements
So no announcements (or none that regular blindfolded Biota shareholders are aware of)suggests that the BOT operators are starting to vacuum up the shares that people have been panicked out of.
I suspect their goal was to push the price below $1 knowing that this is a logical stop. Wait for lots of shares to become available and then, at 97 cents, the big buy back program begins.
Oh it's a beautiful world - at least the BOT operators are making money - they probably give the money they cream off regular shareholders to charity
Add to My Watchlist
What is My Watchlist?