SNSN schreef op 2 mei 2018 17:21:
Price rising since ~15.00 has nothing to do with the stock itself.
The reason was just sharp drop in Eur/Usd-rates - from ~1.2013 (at 3pm) to ~1.1955 (at 5pm).
Just forex-effect due to 'hf-arbitrage' & 'hedging' strategies, nothing more (as you may see, in the states the stock stays smoothly just slightly negative).
Don't be misled just by diff (high-frequency) 'hedging strategies'. You know well there are no objective/basic reasons for stock to rise right now.
By the way, take a look at the time & price level when the stock was sold out by insiders.
Good luck.