Have been invested in Arrowhead Pharma (ARWR) for years, and it’s been a headache. Good pipeline but company run poorly.
Anyhow, I’ve noticed that in its recent slide, every day, without fail, there is a big order at close for around 350k shares which often is bigger than the volume from the rest of the day.
Like clockwork, the stock has dropped and someone is buying big at close every day.
Is this a pretty common thing? Perhaps how institutional investors accumulate?
Been tinkering on it an any insights appreciated.
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