Trading data shows this move is 4 Real
That hammer candle on the daily chart from 5/17/17 sure looks like a classic test/trap candle to me. It shook out the last sellers down to .4052 and now comes the "rip" IMO.
The last 3 days Slapping the Ask as a % of total volume has steadily increased from 54%, 61% to Friday's 64%.
The Naked Short Report shows BPMX's last 3 days as 49%, 51% & Friday's 39%.
The FINRA short interest report shows BPMX's last 3 days as 46%, 48% & Friday's 37%.
Also, strongly suggest that newbies read the Phase 2A results. BPX-01 Safety is Very Good, No cutaneous toxicity, No adverse effects, No minocycline in patients bloodstreams & 100% (yes 100%) patient satisfaction...
