BioPharmX Corp fka BPMX

[gopherdat]

On the trade screen it looks like we have 1 or more instutional investors cleaning house.
I'm not a day trader but I am seeing the term "burst basket" appearing in multiple places all the way down. Google "burst basket" I think that the amount of institutional investors were too high anyway.
From my understanding buying and selling by institutional investors don't have to be individually reported if thier stake is less than 5% of float. I have never seen that term "burst basket" on a company that I knew was diluting. Unfortunately I have seen that from an unpleasant position.