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$Aptevo Therapeutics (APVO.US)$ I wonder why this doesn't mo...
$Aptevo Therapeutics (APVO.US)$ I wonder why this doesn't move to the upside. Why does it favor the downside? is it because of a previous offering or that it's just a basic trail experiment and not approval from any regulatory institution.
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I pull the trigger with no hesitation, get in and get the fuck out.
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MishieLee : I was thinking the same thing.
Dirt Diggler OP : Happy I did not jump in on this one.
Jaguar8 : It’s because of shorts and not because it’s phase 1. There are phase 1 studies which soar, even pre clinical studies soar. So it’s the shorts which killed it unfortunately.
Dirt Diggler OP Jaguar8 : I think the smart people are just not buying it.
If they did have an interest in the good news, they would have the shorts running to buy long pants.
Jaguar8 Dirt Diggler OP : Not necessarily. It’s still market sentiment. Even not so good news soar. Example is a dilution news but stocks soar to 40% higher than the offering price. That ain’t smart.
Lnova : yeah it’s been staying down
Dirt Diggler OP Jaguar8 : I believe the market makers play a big role in market sentiment.
Jaguar8 Dirt Diggler OP : I beg to disagree. The MMs distort market sentiment.
Dirt Diggler OP Jaguar8 : Yes agree, and this is part of their distortion. I could be completely wrong but I don't think it's all shorts holding down the price.
Jaguar8 Dirt Diggler OP : You have to look at how many shorts diverted to the dark pool which is 56%. It’s more than the shorts available to the public but most oftentimes it is the DP where MMs course through the shares . That’s my take. It’s up to you whatever you want to believe in.
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