that's around $175,000 combine with the past several closings of after hours trades, that A LOT. The stock gained 1.9 percent during the day, then lost 2.38 percent in after hours trading.
It seems to happen each day and to reset the price far below the closing price. At opening, I think it starts at the afterhours price. It's very peculiar and seems quite manipulative.
Nj, what may be a happening with all this after hours trading is that somebody, or group, is accumulating shares knowing something great is about to be reported by ACT. Now what could that be? Could SMD be given an orphan drug status, since it happens in 1 in 10,000 juveniles?
This along with AMD makes ACT's future look very bright.
"According to a report by The Disability Federation of Ireland, there are approximately 161 million people with vision impairment worldwide. Of the 124 million people with low vision, 37 million are considered legally blind. The report highlights that the global population of visually-impaired persons is expected to double by 2020. The population of people with vision loss age 55 and above is predicted to increase. The World Health Organization predicts that the prevalence of blindness for persons over the age of 55 will grow 43% by 2016, 116% by 2026, and 170% by 2031. AMD is currently the second leading cause of vision loss behind other causes (accidents)."
Add in the cell-derived platelets and who knows how high ACTC will go, even with 2.2B shares outstanding.
It's absolutely amazing to me that no matter how many times this topic comes up and no matter how many times it gets thoroughly explained, people here still believe these trades are occuring AH. PLEASE STOP with the lunacy! This stock does not, can not, will not, and never will trade AH, as long as it trades on the OTCBB. END OF STORY!!! These trades that are showing up as AH trades are simply late prints. Google Timothy Sykes, a Penny Stock Guru and read his explanation about OTCBB Stocks and why some appear to have AH trades. Maybe we can finally put this nonsense to rest.
Kuma, we know that's how it works but it still gets reported as "after hours" and for several of the last trading days there have been huge blocks of stock traded in what are reported almost everywhere as "after hours". The semantics aren't important, the question is what's up with these big LATE trades.
Putting hrough rades, after hours, as "late prints" may simly be a way of resetting the price. Clearly the prices of those trades show as much lower than the actual close price, each day.