ACL passed me by. There was 25% available in the first hour or so.
But anyway this just highlights why day-trading many these small biotech companies is much safer than investing in them.
Look at how it was run up (blue candles) before the suspension on no news. Was that a false rumour being spread about good results so that somebody could offload?
The following day it went into a suspension, came out with bad news and opened today down 50%. Ouch!
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- Daytraders After Market Lounge 28th May
Daytraders After Market Lounge 28th May, page-82
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