Confirmed Traders , traded between two accounts, making false volume in after hours to give the appearance of a decline on FDA Approval for around 500k shares. These shorts scammed some people into selling. $10 in the worx
Sentiment: Strong Buy
it's about rems guide lines dictating very few sales. read those breif docs. health care wont spend the extra money to train & etc. should of went for the migrain approval 1st.JMHO
well all, i have been in and out of alxa for last two years. i've done a lot of d.d. i sold on the last run up from 4.ish to 5.35 end of nov. i decided to "play" a few shares into pdufa knowing the pps is maxed out at 5.00 already- playing the hype-didn't pan out. this is my own opinion. i came to this conclusion after reading the fda brief docs about the agreed apon rems. alxa wont sell many at all to the few who can use it......why you ask? hospital type -health care settings are not going to spend the extra money to train staff and add the expenses that go along with the fda rems guide lines. the "hype" i mention is the fact an inhalor,alxa's inhalor is approved.....opens the door to other drugs. i thought migrains is what they should of went after in the 1st place! now mapp may beat them to it.JMHO
Report this to SEC if as you say it is proven manipulation. It is sickening to see a triumphant effort trashed by these low life scammers. Takes the fruit of victory from those who have paid the price to get to this point. I am so serious, we deserve a full prosecution of these a-wholes!
seems like two of the main sales to themselves was 42k shares at 16:15pm and again at 16:32pm, both for $6.0201, note also 10072 shares sold at 16:15 and 59 seconds which is what banged the price down to ~$5