MysteriousPersian
Short

200% gain on positive data?

NASDAQ:AXSM   AXSOME THERAPEUTICS INC
Positive data for one drug trial is not nearly enought to justify such a drastic increase in price.

Comments

Shorting with such a large Volume is a suicide
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MysteriousPersian tylenisbobas
@tylenisbobas, and just as fast as it appeared, its gone. Its called a pump and dump
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It would appear that may not be an accurate assessment
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@Raqix, what am I missing&? you think it will go higher?
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Raqix MysteriousPersian
@MysteriousPersian, I mean, yeah. After market closed they released some other press released they acquired all this funding. Maybe 12 tops? That seems to be what I’ve read.
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@Raqix, 23 million $... and thats from the sale of shares. Even if it did manage to scrap its way to 12 which i find very unlikely. It will still go back to 3$
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Raqix MysteriousPersian
@MysteriousPersian, it's not crypto
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@Raqix, ? this has nothing to do with crypto. Your more than welcome to be the bagholder
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@Raqix, also the 23 million funding increaseed the market cap by over 130 million? ya makes perfect sense
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@Raqix, cryptocurrencies arent the only asset class susceptible to pump and dumps my friend
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