Boutique Biotech

Boutique Biotech

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Boutique Biotech
Boutique Biotech
ESSA Pharma in the spotlight

ESSA Pharma in the spotlight

Evaluating the recent $EPIX sell-off

Bohdan (Bo) Khomtchouk, Ph.D.'s avatar
Bohdan (Bo) Khomtchouk, Ph.D.
Aug 14, 2021
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Boutique Biotech
Boutique Biotech
ESSA Pharma in the spotlight
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Essa ($EPIX) is down 50% in the last month, with really aggressive selling coming in the last 6 trading days. Since Thursday August 5th, Essa has traded a total of 5.8M shares, equaling approximately $98M. That is uncommon for a company with 41M shares outstanding and float of roughly 26M shares. The most startling part of it all is that no news has bee…

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