Aug. 11 at 6:08 PM
$PYXS @Biotech_Pharma_Investor Isnt this the usual game played by hedge funds? Run a biotech stock up before expected clinical update, as that date approaches, do the unexpected pantsing to scare out those (many with 50 -100% profit in weeks) then surprise with the data resulting in a complete retrace since no resistance and stop loss order taken out, or another 60% sell off as the 'leak' confirmed?
You may be right...90 cents or so could be a possibility. As I posted for years, I do not like their proposed MoA - I think will be very hard to thread the needle for efficacy with tolerable toxicity.
In addition, PYXS has moved 100% or more and sold off three times in a year or so - the only stock I recall recovering 3 times is REPL. Will there be a 4th? Good luck