Sam369
commented on a stock · Oct 23, 2024 01:37
Wait, I’m so confused !
$GRI Bio (GRI.US)$ The stock hit a premarket high of $2.24, showing a significant 108% gain. However, at market open, it sharply declined to $1.02 and has continued to experience a downward trend throughout the day. This pattern raises concerns about premarket volatility or possible profit-taking. Is there any chance to go up again?
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Trever Shields : That’s why they enacted those warrants or whatever like 750k shares at 1$ drove price down. They made that move when it was over 1$ still…. I think it’s temporary. Because it’s still preclinical but solid science behind it.