last few days no... but the last few weeks have seen us 20% up and retrace to 11% up from 6c support, I guess it really depends on the individuals definition/time frame of preceding action, plus there is no definitive date for PFS release, other than by end of june, so its a bit hard to call the preceding action prior to an event yet to happen.
Some may also believe PFS will drop later in the month and that there is a short window for accumulation or to derisk their holding before catalytic news. Who knows... too many factors...
Either way, I personally wouldn't use preceding SP action as a direct indication of future new outcomes, especially when news to date shows nothing but blue skies in our future. Every company trades differently and its not uncommon for MGT to shake weak hands before a rerate.
Only time will tell my friend
MGT PFS Predictor Game, page-124
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