I can confirm that a boatload of the Sep 6 calls were bought by me at $1.40
Volume over 1000 contracSt BETWEEN THE SEPT 6,7,8S....know I can say good news in the works with confidence
There is a great deal of "logic" to the ECYT platform and any improvement in the data or confirmation of the platform could produce a major reversal in a stock that looks oversold and in search of any catalyst to start it on a recovery that could easily take it back over $10. Interesting gamble here.
Volume still same in the Call options...maybe I was wrong but still the afternoon to tell
Endocyte Shares Spike to High; Hearing Positive Data
Read more: http://www.benzinga.com/news/14/08/4811577/endocyte-shares-spike-to-high-hearing-positive-data#ixzz3BjqUWJ3I
follow the options over the next few days and just watch the volume...maybe im wrong ,maybe im right,,, im suspicious and am on the news leak side.
You have to be careful also if you know about a leak. It could be safer to accumulate some options and perhaps slide by the SEC.
electronic...I honestly believe news has leaked...let me explain...when the stock jumped a few months ago to $40 premarket I saw the prior trading day thousands of CALLS bought in the money and right out of the money..Thats called a leak...though the volume here is not incredible it still is out of the norm.
We will see....I think we are due for data and I placed my bet that the data will be good. A nice gap up would be nice.
Sure a dead cat bounce 4 months after the drop. You have lost any credibility you may have thought you had