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Biotech / Medical : ImmunityBio converts from Immunomedics
IBRX 2.110-1.4%Nov 6 3:59 PM EST

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luckydog88
To: jargonweary who wrote (1052)5/29/2025 5:18:23 PM
From: galt2 Recommendations   of 1229
 
There is the possibility that PSS is shorting the stock, using his own shares to hold the price down for some reason. Not sure what that would be other than ...... 1. some form of arbitrage that keeps the share price trading in a range. or 2. keeps the share price below a higher targeted price that would allow a major investor to either buy or sell. or 3. keep open the possibility of taking the company private at an affordable price.
All of these are just IMO, and in no way seem in concert with someone with such lofty morals as PSS. wink, wink. Of course we're in a day and age when even this type of trading can get the nod for someone who hobnobs with kings, self annointed popes and other narcissistic plumb bobs. Please delete the last sentence.
Didn't really mean it. Hmmm. Thankfully I still believe in Anktiva, for now, and hope that I'm wrong about such nefarious motives from the talking heads. No longer adding to my already oversized load. Wait and See for me.
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