They aren't props either . Someone playing a smart patient game and hoping to pick up some cheapies with only a few weeks until news. Stuff em if they get em as it'll make me jealous as I am one of the dumb coots who has help through a couple of up and down cycles and am now pretty stuffed as no volume or reasonable price rise coming up to announcement to lock in some profits and lower risk. Longer it goes less risk but at some point it has to break out in a serious way in one direction.
The fancy statistics are all above my pay grade although i understand teh basics . The market really is spooked by so many failed biotech announcements recently and the fact there hasn't been that return of cash they could then punt on ACL.
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