vTv Therapeutics LLC (VTVT) Drop 25% due to $15 Million of Class A Common Stock

Why the Drop?

1. Announces $15 Million of Class A Common Stock
2. Panic Sell into Bearish

Today $VTVT release a news earlier this morning. The stock drop on opening to 25% to the price of $1.99-$1.89. I saw a dip and the price was $1.93 and trading in a normal pace afterwards. The stock closed Friday with price of $2.45. The market right now is "Biotech season", anything is possible with a 200% pump or a delay of bad news.
"The stock of vTv Therapeutics Inc. (NASDAQ:VTVT) is a huge mover today! The stock increased 7.48% or $0.16 during the last trading session, reaching $2.3. About 319,411 shares traded. vTv Therapeutics Inc. (NASDAQ:VTVT) has declined 60.18% since March 14, 2018 and is downtrending. It has underperformed by 64.55% the S&P500. Some Historical VTVT News: 31/05/2018 – vTv Therapeutics Announces Licensing Agreement with Newsoara Biopharma Co. Ltd. to Rights for vTv’s PDE4 Inhibitor in China and Other Pacific Rim Territories; 31/05/2018 – VTv Therapeutics Announces Licensing Agreement With Newsoara Biopharma Co. Ltd; 15/05/2018 – VTv Therapeutics 1Q Loss/Shr 30c; 09/04/2018 – VTv Therapeutics: Results Didn’t Meet Either Co-Primary Efficacy Endpoint; 09/05/2018 – VTV SAYS CO-PRIMARY ENDPOINTS NOT MET; 09/04/2018 – The drumbeat of Alzheimer’s PhIII failures continues as vTv drug is outperformed by a placebo $VTVT go kerplunk; 31/05/2018 – vTv Therapeutics Announces Licensing Agreement with Newsoara Biopharma Co. Ltd. to Rights for vTv’s PDE4 Inhibitor in China; 22/03/2018 vTv Therapeutics Announces Completion of Phase 1b Study Evaluating TTP399 for the Treatment of Type 1 Diabetes; 09/04/2018 – VTV THERAPEUTICS – WILL CONTINUE TO EVALUATE SUBSET DATA FROM PART A AND DATASET FROM PART B OF STEADFAST STUDY OVER COMING WEEKS; 23/04/2018 – DJ vTv Therapeutics Inc Class A, Inst Holders, 1Q 2018 (VTVT)The move comes after 9 months positive chart setup for the $107.42M company. It was reported on Mar, 14 by Barchart.com. We have $2.46 PT which if reached, will make NASDAQ:VTVT worth $7.52M more."

Buying Style: Swing time!