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
It's the uneducated that will fall for the false trades in ah! Sad..
Actually, a lot of investors cannot trade in pre market or after hours. But if you have two million shares traded during normal hours, it means it is a high stake game for approval between buyers and sellers. For buyers, they are probably looking for only a hundred percent gain while sellers are looking for five hundred percent gains as they were expecting a crl that would send sp to perhaps a dollar range.