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Algos buying and selling.
Cannot create more synthetic and short shares.
All waiting for FDA green light.
Then we get a big green candle to break the resistance of 4$
But, it could soon join one of these small cap stocks that rocket up on high volume. Lately, this most occurs either in premarket or aftermarket. Big moves on no news. What drives this? Reddit, or a group of investors target a stock to move the price. Already have a good position, but just waiting for the volume to show up.
Great news comes on Monday to take this up to 5$ in few months.