One other component that I forgot to mention is that virus based cancer treatmentsare really starting to become all the buzz. Perhaps it has been in the scientific community for some time, but I would say it is now on the precipice of catching the imagination of the mainstream populace. If so, that would be an additional very strong boost to the share price, in combination out on it's own.
The price jump and volume today are definitely eye-catching. The stock does have a history of some notable share activity prior to a news release, but not of this magnitude and sustained strength (intraday comment). Oncy does a reasonable job of keeping their own news reasonably well contained (reasonable, far from perfect.) If the jump here is news based, them I suspect it is not only bigger news but also involving other "participants" beyond just the company itself...hence the wider circulation of possible news to come.
Another possibility is that those powers who have been suppressing the stock are now decidedly going to move the stock back up now that shares have been accumulated. This release of the relentless downward pressure becomes an event unto itself, with this "news"also circulating and others jumping on the upside bandwagon.
Either of these scenarios will do wonders for the share price.Done well in combination with each other and the share price moves explosively higher.(making the Nasdaq pricing issue be seen fur what it was...a negative mechanism employed to help suppress the price.
Now THAT is the kind of news release that will wake things up! I know it's been a very frustrating ride with many news releases that seemed to "suggest" that ONCY was moving in the right direction and had a remarkable product. It's a much longer, much more complicated, much more involved path from lab to sales than I think most of us here would have ever guessed. But this release shows that what we have always hoped for may in fact be true. Does this mark the corner now turned for ONCY? I would suggest it will. The numbers in that release are just too strong to suggest otherwise.
Yes, that was an ugly drop today, and more than could ever be explained by any general market move. Something started working its way to the street today, and it obviously isn't good given they haste to the exits. I'm sure the rest of the market will find out in the next few days.
I agree that the bottom was put in (again), and that there should be some otherwise natural recovery. But the nature of the trading today was different than that. It had a strength and intent that was difficult to pass of as one of the usual/common/expected reasons. To the contrary, the stock traded more as if there was a rumour in the market. Personally, I haven't heard what that would be, but then as retail investors the only smart position is to consider yourself last to know. The only ability we do have is to see the rumour show up in the trade activity, and to see it for what it appears to be, a marked break from the "usual" day to day trading of the stock.
We'll see what comes. Maybe something there. To my eyes, this stock now moves to the top of the watch list. The activity today is more than just a little "curious".