BioSante Pharmaceuticals, Inc. (BPAX)

[snupoled]

prof,
worst case is 1:6 rs. if it stays at today's price 1:4 rs
I believe yesterday was shorts starting to settle.
I believe management may not have votes on paper and this is
why we have no update...I believe news will come soon perhaps
monday.because I have called and e-mailed company about confusing
s-4 and they haven't responded...I continue to believe this is a
gamble as it could go up a buck quickly or go down to 50-75 cents
on rs news..I continue to wonder about safety study and why if it
is good and I think it is then why would they put a 40million value
on cvrs? Where is the good will toward shareholders? Based on 40-million calculation one could speculate a worst case scenario where they take it to us shareholders one more time.
I am long bpax and am hoping for good news as I speculate we are at
the bottom....easy speculation when one realizes most shareholders are under water by 90%! I assume management has a heart and thus I bought shares for move up! I wish everyone well!