Jul. 25 at 6:55 AM
$IXHL
Disclaimer: i am still bullish here, don't view this as anything less, just a balance of thoughts..
I did see this happen on
$INMB and someone reminded me how that did not turn out well. Maybe we have a move in the right direction without effect on the shareholder.. but obviously it could go two ways. Ive seen stellar news come out but a small piece of data not be well received by WS n caused a stock to crater,
$ALT being one of them.
I don't see why they felt a need to increase their offering..but i also saw
$KLTO do a 100M increase in advance of their orphan drug designation and when news dropped nothing changed for the stock as well.. i guess no one result is typical but best to be aware of the possibilities.
if the drop was valid that would have been the end of it.im pretty sure they would want the share price to b
$3-
$4, not
$1 to make such move..
We accept risk for the win!