Kept seeing the price fade, and then I look repeatedly at the level 2s and every time I would look, the bid is several 1000 shares or more, and the ask is quite low. Maybe I just stop watching....lol. I guess I only add if weak hands or traders really drive it down for no reason. I think that not enough people see the true potential in this antibiotic play. Most of the hard work is done!
I am guessing that large holders see it happening, traders shorting, and just let it go, until price falls enough to spark their interest, like 3 to 5%, and come in and buy much more at cheap prices, and hope it falls back even more (after great news). Shorts can place positions with upward stop limits, so I guess it can be nearly risk free if they do not hold over night. I just do not short stocks/companies that I like alot.