Agreed. This stock is a joke.

That's if a buyout is in the works or even a possibility. As it stands now all of that is speculation. It'd make sense with them exchanging debt for shares when they really don't need to do this. We should know more by the end of the year or at least when they release the news on the 9th safety trial. I don't know why they are leaving everyone in the dark. No news is good news though I guess.

It would appear they know something we don't know. Why continue to grab shares as BPAX continues it's downtrend to new lows? They don't care if this continues to go down. To them most investors have lost over 50% of the money they've put into BPAX. Maybe these people throw in the towel and they'll just grab more shares for a cheaper price. Something is going on behind the scenes, which is why retail investors are left in the dark. I just hope that news is released before this goes back under a dollar. We all dealt with that before the R/S. I don't want to be put through that again.

Probably 10%, pretty soon we will be back under a dollar and maybe they'll do another R/S. Tang has an objective though. We will know soon enough why BPAX continues to get punched into the ground.

How much money did you lose from BPAX lol? You lose money, you move on and learn from your mistakes. Why sit on a board and continue posting non-informative threads?

I agree with you. Why would there be panic selling? Most people in this that are long term have already lost a substantial amount of money. Mine as well hold out at least until the end of the year.

As Tang grabs shares, investors remain out-of-the-loop and the price continues to plunge. Maybe we will go back under a dollar again.

Agreed, which is why we should just go into hibernation until the end of 2012. Go play golf, get laid, eat great food, the whole nine yards. Stop wasting time speculating about what could happen with this stock. Until PRs are released it will continue to float around where it's at due to manipulation. It's not even worth getting stressed about.

I am holding. I have been in this stock almost a year now. If you've been here and on the yahoo boards over that time frame you will notice both pumping and bashing. It comes and goes with any stock. Over that year, this stock has been heavily pumped and bashed. I'm going off observations from what I read every day. There is no question about the price manipulation. Your posts along with a few others are the only ones worth reading IMO. My only point was there is no use in replying to posters such as Bernice. That person never posts any information to support their position on this stock so why bother acknowledging her? If you have patience you will be rewarded in the future IMO and you shouldn't make a decision to buy, sell or hold based on any post made on this board. The Jeffries analyst has ulterior motives IMO. $2.00 post-split PPS equates to ~ 0.33 pre-split PPS and anyone with half a brain knows that is ridiculous. I was more referring to pumping/bashing between average Joe's. The MM's are the ones in control of this stock and will be until some PR's pertaining to GVAX/LibiGel are released from BioSante, but that will be up to management and the CEO. Their are reasons why they have been "so" quiet and I'd like to hope it's in the favor of good news rather than bad.

Wonder how low this is going to go now. Doesn't look too good? So much for that 400K buy last week.

You'll always have bashers and pumpers. This stock is pumped way more than it is bashed. Although I believe this stock is way under valued and this will all pay off in the end eventually. You just have to disregard those posts and stick with your gut and your DD. The potential benefits outweigh the losses substantially. GLTA.

Well it would appear there is something going on behind closed doors. Why would they continue to get rid of debt, when it is not really necessary atm. They already cut back positions to save money, converted shares previously to free up debt and really the only burn rate is Libigel from my understanding since GVAX has outside sources funding it if I remember correctly from listening to one of those meetings a while back. I hate to speculate, but why are they so concerned about freeing up debt that does not need to be paid yet? Why do they continue to sit around and withhold possible news releases that could boost the share price? They must have some news even if it's not on Libigel. None of this seems right. This company has so many drugs in their pipeline, one of the most articulate CEOs who obviously knows what he's doing since the previous companies he was apart of were bought out...but hey, this is BPAX. Maybe the manipulation will stop soon?

Alright, thanks for that clarification.

I thought we were supposed to get news around the end of June...so much for that?

This doesn't take into account naked shorting. I'm sure that is definitely going on here imo.

2 dollars post split equates to .33 cents...I'd go with him being an ass clown.

As long as we don't have another R/S anytime soon all we can do is hold it out and wait imo. By the end of the month we should know where BPAX stands, but I feel like I was saying that when the beginning of June hit. The gain could be much more substantial than the loss I might incur. So let's hope for the best. No amount of DD or TA can predict where this will be in the coming months imo. If it continues to get shorted and they do not release any substantial news it could very well go back under a dollar.

I just find it hard to believe they'd spend money on these new job positions and continue putting time, money and effort into focusing on Libigel if they did not think it could get approval? This is really what you have to ask yourself. With all the insight Nutsy, Jeff, JTFM, and others post on this board and the fact that Libigel has not been scrapped I find it hard to believe this will continue going down, but you're guess is as good as mine.

It will sky rocket, people will sell and it will go down a little, since they still need to get it on the market and actually generate money; however, that is the ultimate goal. I think it will get approval, but the question is when? Just sit back and wait. If you're confident in management and their plan to move forward with Libigel then it does not matter where the PPS goes short term. If not, cash out and use any leftover money to hook Joshuri up with a John Deere.

I would not really listen to a poster who can not write proper English and weed is not an excuse.

There wasn't bad news so I'm not really worried about it. But yeah you make a good point. Normally it shoots up right before a conference and then everyone sells and the PPS plummets. Guess we just have to wait a little longer.

Hopefully we don't go back under a dollar by then.

Can anyone give a brief run down on how the presentation went and what was discussed? I am at work so I won't be able to listen to the feed until later and I'm rather curious.

Do you suspect a PR to be released tomorrow morning before the conference? Most people still can't trade. At least I can't anyway since TD Ameritrade doesn't even recognize me as owning BPAX atm.

I'm pretty sure he was being facetious. He averaged down to 1.39, so I'm guessing he has a lot of money locked up in BPAX and he's looking for it to skyrocket so he can gtfo. I put a lot in BPAX as well, but no more than I could afford to lose. Hopefully it pays off, but we will soon find out even if it's not tomorrow or the next day.

This is great news, but I'm kind of disappointed they knew about all of this information in February and chose to go through with an R/S. Regardless hoping for the best in the next few days. Thanks JTFM for that post.

Makes no sense unless they know something we obviously don't? I'll remain long. I have faith.

He said it would continue to go down when it was in the .90s, which it did? So if I predict it goes to $2.00+ by 2013...then what does that mean? It's a prediction. With a stock this volatile, charts do not help much. There has been so much manipulation it's too hard to say where it's going short term. Long term it has a lot of potential, as some of us will soon find out. At least the ones who can continue to be patient anyway imo. Until then it's all speculation. Without establishing good entry and/or exit points his charts are rather useless anyway.

I've done my proper DD it's why I have not sold my shares. Just like you, I hope the best for BPAX, but it won't be short term.

Why you even care about the DD I have done anyway is news to me? You must not have much else to do with your life imo.

Seems pretty vague. It is on yahoo news though so who knows. Shit is going down anyway. Should have gotten out in February when it was over a dollar.

All his posts are based off non-factual information. He's been complaining for the last few months about this stock. If he posted facts with his opinion I might consider reading his posts. I normally just skip over them.

Double based on what? I think it will eventually. Not by the end of the week.

Prob be back down again on Monday so it doesn't matter.

I think what he was saying is the fear of the R/S is already reflected in the PPS. I think R/S is inevitable tbh. They should just get it over with already. I highly doubt there will be any news to push this above the dollar mark before July 30th comes. Even if there is news, will we stay above a dollar for 10 consecutive days? Unless a buyout occurs, which I doubt, they mine as well just go through with it. I'd rather they didn't do an R/S, but the last bit of news that pushed us above a dollar was the approval of Bio-T-Gel and we couldn't stay above a dollar for more than one day...so the likelihood is rather slim imo. I'll be in regardless.

An R/S will kill this stock. They need to pull something off between now and then to get this thing near a dollar. As much as I like the pipeline and potential of BPAX. Anyone in the stock will lose a lot of money if they go through with an R/S. In most cases, very few stocks are able to pull it off effectively. It usually hurts share holders.

Technical analysis alone can help you with entry and exit points on a stock. It's not completely useless, however, we are dealing with a very volatile biotech stock. So there are a lot of other variables you need to take into account. Down the road, with their pipeline, no doubt it will get the appropriate PPS. Until then everything is just speculation. Buy on the dips, sell on the peaks. We all know every little bit of news that is released is a signal to sell and take profits. We've seen it with the news for FDA approval and the updates on GVAX. That is the reason why the stock won't go up short-term because every little gain we get people sell their shares. As for Buda's chart analysis he continues to post on this board explaining where he predicts the stock will go, but never mentions his entry or exit points? Without that I think it's rather pointless IMO. I still read his posts and value his opinion, but without a set entry or exit point the charts are rather useless.

Too much pump and dump. Happens every time they are about to release any type of decent news. Going into the news it goes up, people sell, it goes down back to where it was. Nothing new.

It's going back to 0.54 lol

AF hasn't released an article bashing this yet lol?

Thank you DPS.

Thank you DPS. Are there particular books you recommend for learning the charting techniques you have shown in the BPAX chart you just posted?