Are you aware that at $11.2m Q3 was a record quarter? A significant outlier on the trend?
Are you aware that the previous highest single quarter was $8.9m in Q2?
Are you aware that at $10.2m Q4 is clearly the second highest quarter ever?
Here are these three quarters graphically so you can visualise the situation:
Q2 on trend
Q3 above trend
Q4 on trend
Those that have sold due to being disappointed in Q4 probably need to invest in companies with less revenue volatility. Although I'm not sure who they are its pretty stable here now.The shorters dumped 1.7m short shares into the sell on Friday - 30% of the days total volume. That would have caused many stop losses to be triggered. From there you get a lot of short term knee jerk responses.
But lets not assume that Polynovo needs to do anything more than exactly what they are doing.
The shorters can only manipulate the share price movements - not the companies progress.
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