Technical trading most likely , dont know why people bother technical trading on a biotech but each to their own. Company has more going for it than plenty of other biotechs valued much higher with less cash.
lets see traders bought recently somewhere between 4c and 8.5c and today got the signal to sell because the fridays close price of 4.8c on low volume looked like it stopped some sort of minor uptrend that started at 4.2c
Bought some today at 4.4 and 4.5 on fundamentals and will do like wise tomorrow even lower now that the TREND has broken.
very strange !!, page-43
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