Interesting to see obmver last few weeks a couple of bids at or around 100k shares in the area around 55-60c. Maybe the shorters closed their 600k share short positions and are now prepared to support sp above 55c? The current bids are certainly at a point where they could easily be hit if someone dumps but having said that we know there are hf traders about and they can easily pull bids in a fraction of a second to not get hit. The question is are these bids true support or just window dressing props to allow hf traders to get out above these levels? First time I've seen hittable 100k bids in buy stack for a while so maybe real.
Interesting times ahead in finance circles right at the time it appears we need more funds. The thing we dersperately need now is another announcement that rce has actually cured some real world infection? Last "cure" was way back in dec 2021 it seems wirh early burns results. Since then it has been phase 1 safety in healthy subjects which is great progress but doesnt seem to be exciting potential investors. Maybe either an update that burns is still performing in line with initial results or even better some early efficacy on uti infections.
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