Armata Pharmaceuticals, Inc. (ARMP)

[THREE-DAY-TRADER]

Yes--- .50+ may be holding after today. We'll see soon enough.
This is 'overdue' for a technical rise upward back to at least .70s, & I think I'm seeing signs today finally (after recently seeing approx 3 multi-day gaps downward since mid-November, there should be a reversal upward due).
So far .50+ has held for 2 days, which serves as an early potential sign of next direction. If .50+ holds Thursday (& Friday better yet), then likely odds favor some upside for us yet regardless of News data catalyst possibility.

The short interest keeps increasing more than anticipated, so it has been troublesome and has thrown a 'monkey wrench' into our plans so far; Although .50's has been an anticipated possibility I've had a contingency plan all along for it (to add more if it hits .50's), but honestly I don't prefer this type of trading of waiting and averaging down.
Hopefully it will play out better to the upside for us soon.
Another risk here is the end of year tax loss selling. Hopefully it does not affect it by prolonging a down trend in the interim short term, and that we may be able to trade out of it before too long.