Last day of the quarter, to make the numbers look better. Watch the plunge on Monday, to begin the new quarter. Never fails.
Skyflusher, I figured out BGMD and MBLX have the same controlling entity in Mass. What happens to one, happens to both. I'm a buyer below .88 because I know where both are heading.
It's the same hedgefund that is controlling MBLX. It will do the same, massive tank job after a massive runup in December. This coming December, they will probably both recover. It's a miracle. Until then, they will continue to drain and steal your money.
I think MBLX is also about to do a big tumble.
Yeah, looks like they fell -36.89% today and at $1.15 there wasn't even a bounce. Incorporated in Delaware no doubt.
Complete recovery in only the 1st first few minutes, must have been fake sells.
When a poor performing stock gets removed from Russell, it's like pulling the drain plug. BGMD and MBLX are like sisters and is what I've been worried about. Too much insider trading fraud being reported, too.
Removals from Russell so far include AGEN ACUR BGMD BCRX DSCO ETRM HNSN IMUC LPDX MAXY ONCY ONTY PTIE TSPT VTUS
Don't worry, they will probably hold the line at $1.50 until the end of next week, even if the current book value is less than $1.21. Then they'll pull the rug out when nobody is expecting it and announce something really undercut to raise capital. The book value will drop once again after the next financial statement comes out.