I took a position in BIT approx 2 months ago because of the fact that they would be presenting at this Conference!
"History repeats". Holders of 12 months+ should be aware that after another Conference the SP shot up 30%+.
I have used this strategy with other biotech stocks. Same result.
Trading yesterday was most likely daytraders taking their 20% and moving on, unaware that the Boston Conference 8-11 March was going to light a fire under the SP. IMHO anyway.
Today is the 4th consecutive day of volume over 1 million.
Until yesterday, the SP had been steadily rising and the Buy volume steadily increasing. Yesterday was an opportunity to top up. How many took it?
I believe the increase in the SP and trading volume is ALL related to the Boston CROI Connection.
Less than 8 weeks away.
Its just common sense.
Today's trading seems to be back on track.
Good luck all Holders
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $31.57M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $19.27K | 566.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 299989 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 371664 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 299989 | 0.034 |
3 | 240016 | 0.033 |
2 | 242406 | 0.032 |
6 | 600480 | 0.031 |
9 | 670666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 371664 | 3 |
0.036 | 65500 | 1 |
0.037 | 767816 | 3 |
0.039 | 430546 | 2 |
0.040 | 113240 | 2 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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