At 1pm today sales volume about 14 million shares by close of business over 28 million shares traded today. This is the 2nd biggest trading day in 12 months after 53 million shares traded on 2nd October 2019 when the increased from $0.53 to close at $0.63 an +18% increase. That was the day MYX announced its 20 year licensing deal for E4 in the US.
Today MYX announces the E4 licensing deal in Australia and confirms the US deal and FDA approval on track for 2021 and the share price is brutally sold down off its intraday high of $0.47 to finish at $0.425. I reckon the shorters are escaping and the stupid stupid sellers are kissing millions of $$$$$ goodbye. When will the peeps learn?
MYX Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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