BioSante Pharmaceuticals, Inc. (BPAX)

[izler]

As long as we don't have another R/S anytime soon all we can do is hold it out and wait imo. By the end of the month we should know where BPAX stands, but I feel like I was saying that when the beginning of June hit. The gain could be much more substantial than the loss I might incur. So let's hope for the best. No amount of DD or TA can predict where this will be in the coming months imo. If it continues to get shorted and they do not release any substantial news it could very well go back under a dollar.

I just find it hard to believe they'd spend money on these new job positions and continue putting time, money and effort into focusing on Libigel if they did not think it could get approval? This is really what you have to ask yourself. With all the insight Nutsy, Jeff, JTFM, and others post on this board and the fact that Libigel has not been scrapped I find it hard to believe this will continue going down, but you're guess is as good as mine.