I was just curious institutional ownership. 95% of outstanding shares of NKTR are held by Institutional & Mutual Fund Owners. Since they hold so much float wouldn't they try to get the price up for end of quarter window dressing?
Since NKTR is not performing well, funds are just as likely to dump it so that they don't show a non-performer in the portfolio. I've never found the "window dressing" seasons tradable in any systematic way.