I think that it is evident that a big player decided to take the plunge today. Someone seem to be working this down all week just to place a major buy today. Oh well, guess they got it down to their buy point.
I find it hard to believe with 20% of the O/S shares traded that the cause was nothing more than a CNBC mistake - having said that, I would have liked to see the stock finish near its high for the day, but with our M/M group a pullback is typical - maybe not a deal, but hoping for some good news on Monday!
PS - a bit troubling is that the large volume pick-ups in both CYTX and CYTK both started at about 2:35 pm when CYTX was at 1.57 (closed at 1.59) and CYTK was at 11.85 (closed at 12:15). However, I should add that CYTX was already up .13 (9%) before the big volume began.
I would find it hard to believe that someone could make that kind of error in plugging in the wrong ticker symbol without verifying the trade prior to executing. If they did, they'll probably be looking for a new job come Monday.