One block of 52k shares was the only trade in AH Friday. This on-going manipulation is accumulation plain and simple.
Before we all get too caught up in the share price dropping we need to consider the true value of this company. Do you think it is worth $1 per share? Maybe fifty cents? Do you think the share price manipulation and AH trades are the result of someone trying to get put or get in?
Look at what they did to DNDN just prior to the data release. For those of you that do not know they drove the share price down to $2.55. Three weeks later the shares poped to $25 in premarket. This share price manipulation is common when approaching a major event.
A partner or a buyout will happen soon and that is why the manipulation is in full swing now. The shares will pop and soon.
honestly i did not know that, but it makes sense. just out of curiosity i went back and read the last 10Q, it's very boring stuff but if you make it to the very end that specifically mention the real potential of partnering with someone and such transaction would address the debt owed to deerfield. it's pretty apparent that titan has a plan and sees it coming to fuition. another detail why would the NIH give them 7million IF they weren't sure of the success of this drug? too many little pieces that point to a bigger reality of what the stock price is saying. thanks for the observation.
Great post Mark.....I have seen this calculated manipulation of stock price unfold numerous times over my forty years of investing experience just before big news hits the wires. I am in full agreement with you a powerful surge in share price is lurking just behind the corner. The bargain basement price of Titan will soon be history imo. A great weekend to all!
I forgot to mention my feelings on the corrupt garbage that has to engage in stock manipulation in order to make a profit. Making an honest living is too much to ask from the parties that hire a brokerage to manipulate and aquire shares once they have the inside track on a stock. I am sure they feel they have the right to engage in these dealings due to the fact their able to afford the brokerage fees.
these afterhours trades your are refering to ,,i believe are mms trading to themselves or between the different channels and these trades go on during the day,, but get marked as afterhours,, if its 4.01-4.10 timestamp on it i would say i am correct if its4.30 i would say it was a true trade,,