Ann: Botanix Presents at Fall Clinical Dermatology Conference, page-79

Someome was either:

- de-risking there position and offloading some
- desperate for capital and had to unload some
- doesn't have the patience required and wanting capital back
- an Insto reducing some risk, but wouldnt be stupid enough to sell all unless this is there tax loss
- or, as you said in a later post, someone with a lot of stock could be selling out. You are right, it is a possibility.
- multiple people got scared and are selling out
- an Insto Is manipulating stock trying to accumulate slowly

I'm staying in. Been buying more. That quarterly report was excellent and they appear to be doing all the right things. Bring on Phase 2 results!