BioSante Pharmaceuticals, Inc. (BPAX)

[JohnNewen]

Nutsy,

So by your logic, the stock should be trading at $2.21/share at the end of June since the burn rate is $2.5M. So technically aren't the shorts right for taking this down to "cash value" without valuable pertinent news from the company? Other arguments I've heard about share price is every news is already baked into the current share price. Am I missing anything? Others please feel free to chime in as I know Nutsy is getting close to his limit.

Before anyone go bashing me, I'm NOT a short. I'm holding til the end of the month to see what the plan is going forth before I make my next decision. Like I said in my previous post, I'd rather sell at a loss and move my capital somewhere else where it's appreciated.