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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.
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.