60 Degrees Pharmaceuticals, Inc. SXTP

https://www.nbcnews.com/news/amp/rcna94899

There is an malaria outbreak in Florida, let see this stock fly on any worsening news

So the company has FDA approved drug and still trading like trash, does that mean the malaria drug is trash ?

Final purge, shorts go for the kill!

What most of don’t know is the buyers of the warrants are short selling the stock. The warrants serve to edge their losses in case the stock surges.

Management should be ashamed of this IPO

It must be early investors are still unloading.

This company is too new, not enough financial information, lack of buyers, short sellers on the pedal.

The question is how many more shares left to be unloaded.

Typical Wall Street reaction, impatient early investors exiting with big profits figuring they can get back in at lower price.