SEEL Seelos post positive phase 2 data then Roth Capital reduces pt from $12 to $4 when rebound was getting hot Manipulation at its finest
Seelos Therapeutics SLS-002 shows clinically meaningful efficacy as an anti depressive, anti suicidal therapeutic after single dose.
Stock plunges from $5.20 premarket down to $3.90. Starts a strong comeback up to $4.54 then Roth Capital issues a downgrade from $12 to $4. All other analyst did not touch their price targets and B Riley released pr reiterating their $15 pt.
Pure market manipulation at its finest.
Roth def shorted it down to $3.90s then when it was starting to comeback @ $4.54 they hir that pr with pt downgrade on positive anti suicidal treatment.
Roth Capital most likely has $5 calls written and was afraid of having to payout big so they manipulated the price down big with that pr.
Hope Roth gets bent tomorrow.
I don’t know much but I know I like the stock
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May 17, 2021 at 07:01PM