from the yahoo board. Explains why we are moving down and it makes sense to me. total manipulation b/c it can be done with this one.
'If you add it up 58% of the float is controlled by PA, Medarex and the board. only 42% of the float is available to trade and I would think many of us longs aren't doing any trading. A select few are manipulating this stock b/c they can b/c they are the only ones trading it. They are trading amongst themselves probably not even losing any shares just devaluing their shares in the process along with the rest of ours. They basically are only paying trading costs. It's a shame but it's legal. If you had a few folks with 20-30k shares each you can control this baby no problem.
That is exactly what is going on here. Then stynch conveniently shows up. '