I am long on CXM but it irritates me to see this company trading down with news coming out and phase three trials in place.
not invested yet but i will. this stock will skyrocket one day.
The PPS is up on Mon,Tues,& Wed because the MM knows they will announce approval on one of those days. When it doesn't happen, they drop it. Good news always comes out early in the week.
No consistent volume, some funds buy here and there that causes the stock to briefly go to low .50's but not daily giving mm's opportunity to drag this down on low volume...wouldn't surpeise me if we see .46 today..
and swing traders who got in at .45 sell at .49 to .51 for 10% gain..
What news coming out? That's what stocks do, trading down or trading up. Yesterday CXM closed down AH (yes, JD, the AH price matters, contrary to your rebuttal yesterday) - today the trend continues.
tr. AH means nothing with a couple thousand shares. Stick around,the momo upwards is building.