That's what everyone assumes.
I think it's way past time for anything to come out, that's why it's been taking a hit this week.
Everyone alludes to big news, but silence is confounding.
ALMOST Every other bio is moving except this one and this has way more promise than some of the junk trading higher (MC). SPHS continues to take a hit day after day, week after week, and if you watch level II, you see no buying confidence.
I believe the MM's are/were caught MAJOR short in the spike from $1 -> 8 and are taking liberties tanking it daily to flush out shares to cover lower. Plus they know, for the most part the SPHS does not release news during the day, so they know they can do pretty much anything with the price without getting caught short again.
I'm in till EOY (at least) - HOPEFULLY will have something by then!
8 )