$Talkspace Inc.(TALK)$ algo short sellers are trying to manipulate the stock lower, accounting for about 60% of the volume yesterday...a seller of 750 shs at 5am pushed it still lower, but it doesn't make sense to me ...they have enough cash, the avg analyst price target is $10 implying 120% upside, lowest target is $7 implying 57% upside, and $12 is high target (165% upside).
I'd note the stock IS a take-over candidate too. Why do I say that? R W Baird analyst made comments in July that he thought $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Amazon.com(AMZN)$ may have interest...also said the Managed Care Industry may have interest and he felt it was an attractive acquisition candidate. With a market cap of $688 Mil and trading on the lows, it seems like a good time for someone to step in and bid for them if a deal was going to happen. Any thoughts?
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