BioSante Pharmaceuticals, Inc. (BPAX)

[re-actor]

I think your realism is not based on any DD that you could and should have done on this company.

Add to your DD the fact that big players added heavily to their portfolio, some 50% of the float was traded last wednesday above $1, about 20% traded yesterday in a narrow channel, and that most 'real' shareholders (aka investors, from before the december-cliffdive) are still holding for recovery. A calculation on this gives us a few options: 1) many people sold for a loss, 2) MM are accumulating for some reason, 3) shorters are still all over this stock.

option 1) is not a reality IMO

I'm willing to hold my breath untill we see an extreme move on this stock. Upward that is ;)