Humanigen Inc (HGENQ)

[DonDonDonDon]

My guess is that it is a 75% chance that Nomis sold all of their stock. They have clearly wanted to sell all they could and Friday's mammoth sell matches about how many shares they owned. And this is good news. Nomis selling all of their stock precludes them selling any more. The Nomis sales have been a thorn in the side of HGEN since summer. While their sales were never big enough to tank the stock, their sales were definitely enough to prevent the stock from rising to the level it deserved.

If Nomis are done selling, the rise in stock price can now commence in anticipation of trial results. I think that rise started a month ago when HGEN rose to $24. But then Nomis sold a bit and Nasdaq got walloped for a couple of weeks. And then the fiasco where one of lenz's trials was falsely said to have been stopped on a government website. A lot of bad luck over the last month. Rebounds from bad luck almost always happen. No legitimately bad news has come out during this last month's downward spiral in stock price.

It is even possible that Nomis could start rebuying now. Nomis and/or associates might have been the one(s) that bought in the self-created dip on Friday. Tax advantages to selling 28 cent shares could be the motivating reason to sell and then rebuy. They could buy a ton of shares each day this week if they are rebuying. If Monday is green with a lot of volume, it will make me confident for the rest of the week.