$OPGN trying to make sense of the price action over the past few months. There is good support in the low to mid $2’s and little to no notifications that funds or institutions are increasing ownership. This isn’t a great long term short due to the fact that there are no derivatives and warrants not available, so good luck hedging. If a suitor was interested in acquiring as many shares as possible ahead of an acquisition he would do so through multiple channels so as to not have to show his hand. This being a bad short doesn’t entirely explain why the stock price has held up so well. I would have expected more volatility or price erosion. Yes this is under valued, but since when has the market fairly valued companies? I think this may be best explained as shares are being accumulated under the radar by the potential suitor. Any other thoughts?
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