Hi, Patrick, Now I saw how the market maker trick the investors. It's too much!
There were two "mistery" these days. First, when NMPS was all the way down from $18 to $13, I found that whenever there was a buy, there was a sell. e.g. if there was a buy for 3000 shares, there would be 3000 shares sell followed in a few seconds. Thus, the trend turned over. Institutions seemed dumping the stocks secretely. Then sunddenly, They can get cheaper @ $12-$13. Same trick was used when it was down from $14 to $11. However, second, NMPS stay at around $11 no matter how many shares were sold.(not much buy, market maker is collecting) And this also break the confidence of most of the investors. I think that institutions must feel very bright to NMPS or they won't do it so obviously. Now, the question is--- why are they so sure about that FDA won't announce the result in the passed three weeks? Do you think that they might have some connections with FDA? or they got the leakage FDA status?
Anyway, according to the action of the market maker and the institutions, I got more confidence on the fundamental of Matritech. The key point is that I still need to follow the wave. I doubt that NMPS might go up crazily someday by the year end.
In addition, thanks very much for your tech analysis.
Best regards.
p.s. Matritech is so quiet these few weeks. Are they holding all the good news for their PPO? I doubt it! NMPS has a few cancer test kits on the pipe. There should be a lot of news. |
