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Tom McClellan points to Nasdaq data showing Aditxt as a clear example of a penny stock, with 5 billion shares traded.
He also comments on the unusually large trading volume, referencing the label of 'penny' stock and mentioning the challenge of pronouncing the company's name.
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McClellan has previously analyzed market corrections, citing bearish seasonality during a presidential term and a RASI +500 failure as drivers. He has also discussed cyclical factors in inflation, noting that CPI inflation rate bottoms tend to occur every 5.31 years. His comments on Aditxt follow a series of observations on market cycles and unusual trading activity.