Apr. 11 at 7:15 AM
$MGNX
@Budman10
tx, but no source found, no SEC
The suspicious time of publication and tripling the share price target together with technical chart situation seems to me like possible try to manipulate the share price by third parties.
In total maximal lost on Friday for longies 35 cent (10 percent) since alert 07:53 / 08:00 o'clock
....
MGNX revenue 2025 has been dependant of manufacturing for other parties and not sale of own products.
It seems not to make sense to triple share price from about 1 to 3,50 USD and AFTER reaching 52 weeks high to triple fair value from 200 to 600 million just by saying, if another pipeline product of a third party might be valued with 156 million, MGNX would be supposed to have 400 million of assets nobody thought about for up to 36 months.
B. Riley Securities included!
Share price on Monday?
I don't have any clue
Might go short again there at 4,50 USD or at less than 3,30 USD ?
Still thinking, fair value during 2026 less than 2,70 USD.
HHTX,
