It is strange that on twitter recently there have been multiple articles on AMR and the need for novel antibiotics, yet still it appears although recent price re rate has been good the buy side seems limited. It is always possible to "stack the sell side" to make things look bad as the shorters have likely been doing for a while but no one can stop buyers from placing bids if the interest is there. Today 199,000 buy side v 359,000 sell. I wonder what it will take to generate some desperate buyers. I guess the plus side is even with little interest it has held current levels. Imagine what will happen if something actually triggers a rush of buyer interest.
RCE Price at posting:
$1.08 Sentiment: None Disclosure: Held
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