FDA did their job. MSB management did their job.
these questions were legitimate concerns the whole way through this process, and the shorters knew this.
I've never been involved in an adcom meeting before but I'm sure it's standard protocol to release the docs. This is where the shorters knew they had an ace up their sleeve, drive the price up on moderate volume, and then systematically hit every available source with negative sentiment.
remember they started with the after hours nasdaq which required much lower volume than here (though it was still significant compared to normal after hours trading).
one thing that stood out to me was the volume on Tuesday. 51 million shares traded blew my mind.
MSB Trading 2020 - a new dawn, page-773
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280000 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |