"exasperating" is right.
Well for what it's worth, here is my "manipulation theory". please don't treat it as truth but more like a tired old man's ravings.
When TOX ran the first time on low volume I thought it might have been triggered by friendly buyers "close" to the company in an effort to get the SP nice and high so that it would make a capital raising via institutional bookbuild at ~$2.00-$2.25 so much easier. When no announcements were forthcoming I dismissed it as being traders out for a quick buck.
It's now happened a second time (sharp run on low volume) but the buyers again didn't keep it up high so now I wait to see if an announcement of some sort is forthcoming.
As you can see I'm bored :D
Let's hope TOX consolidates soon. A 22 cent drop in a single day is not to be sneezed at.
cheers
"exasperating" is right.Well for what it's worth, here is my...
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