I do think there are a good amount of people who are buying this stock back after selling for tax losses. People sold on various days throughout the last couple weeks of December. So over the next couple of weeks everyday more people will have their 30-day tax-loss wait expire. Because a good amount will be buying back I suspect this will continue the upward pressure. Additionally, there will be upward pressure from the upcoming FDA announcement on Feb. 14th.
I definitely think the next several weeks could be quite interesting and quite exciting for BPAX. I truly think it is a great strategy to hold this stock right now instead of trade. One could make a lot of money buy deciding to hold.
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