That was no single hedge fund friend, I think the rule is if you own more than 5 percent interest in a company you have to announce or post the pending buy or sell of their stock. In the last couple of weeks about a 1/3 of the float traded hands.....that is a lot of positions buying and selling the market shares on the way down. We have seemed to be leveling off, but still trending slightly downward.
Until the management releases some news, this is where we will sit for a while. If we get progress reports that are showing an aggressive attempt to get completion of phase II an post results then we may trend upward. Hopefully this is the plan,we shall see.
If this test has been submitted and if we passed and can get to proceed to phase III, we will see another grand spike in activity and value. In other words the stock price should go up handsomely. We can only wait and see what the Press Releases say and what the news media reports to be true and solid.
Hopefully sooner than later,
Of course this my humble opinion,
Sashasees
