Sep. 16 at 6:49 PM
$AQST Never say never in this sector. AQST is going to experience a lot of volatility this week and into the next.
Just like last year when we had a Fed rate cut(the 1st since covid) and a triple witching event in the same week, we experienced volatility that gave us lows in the
$4.50's and high's in the
$5.20's in a short amount of time.
Given the high OI on the
$5 Calls/Puts, we can experience pinning at current levels. Then with our high etf and index fund positions, we will experience rebalancing of those positions.
On the flip side of things, AQST is a vastly different company than it was last year. From advancements to share structure to investors. The one constant is that it is dominated by algorithmic trading. Maybe we see volatility similar to last years at this time. Maybe we don't. But you can bet your ass I am prepared for it. Retail needs to stop making decisions based on hope while ignoring the mechanics of the market.