wow, total scam
Can anyone explain this ? A 15% drop in a day .. without any news ?
But in general .. this stock has gotten good 'scores' .. at both Zacks and IBD
Why this huge drop ?
Fidia unloaded 1.27m shares.
ANIKA bought FAB from Fidia, now renamed ANIKA srl, paid Fidia with cash and stock.
So Fidia selling stock received at 9 I think.
It simply got ahead of itself and there were too many quick profits to be had. Concern now is a short raid. There are still a lot of nervous profits on board. This morning's little bounce isn't one of much conviction.