Same pattern, they'll wait before showing the big asks
They wait to see buying interest, and when there isn't much they'll start showing big asks and sell into the bid. It's just a matter of time before 1.20 breaks today, then the next wave of selling will take us to $1.10, then $1. Guess they don't want to run it before options expiration. They still can run it in 3 days so there is still some time.
For the first time in a very long time I actually starting adding today. The volume seems somewhat heavier today and perhaps it will get a bit of a boost going into option expiration next week. We will see.
Looking at an intraday chart all the big volume has been on the buy side. Then they drop the bid/ask on little or no volume. Should be interesting to see the next short report to see how much covering has gone on in this period. Would not be surprised to see it drop another 5-10%.
You sound very wise. Do you see under $1 coming as part of the fear effect.
Trust me, like many here, I am so waiting for the binary event. No telling whether this will blow up past $, $10, or even beyond.
i have to agree, affy to hell is no slam dunk... it's sticking around for a reason, on top of Takeda's hsoulders... this will pop above $10 in two days or a blink of an eye when FDA says meh... we'll give it a pass :)