I know quite a bit about GeneMax, Forrest.
And it was not a "short squeeze". It was a pump'n'dump of massive proportions. There is no better evidence to show what a pump'n'dump GeneMax was than their current market price: ~20 cents. Sooner or later, all pump'n'dump rackets collapse.
And that's how pump'n'dumps work, Forrest. Managements and promoters hype a stock with news releases that are, at best, questionable, and in many cases downright fraudulent. The GeneMax "breathtaking gene therapy", highly touted in communications from their sleazy stock promoter ICI in 2001, has never amounted to anything. (Prior to the pump in the Fall of 2001, GeneMax had issued over 15 million shares to those stock touts.)
One need look no further than the 10-K's to see what management at GeneMax was doing. For 2002, after the 2001 pump, GeneMax would spend just over $800k on R&D. Yet they would spend $1.3 million on management fees, "consulting", and other SGA items.
That you would continue to misread GeneMax as anything other than a garden variety pump'n'dump racket marks you indelibly as a dolt of Saunderesque proportions.
"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital