BioSante Pharmaceuticals, Inc. (BPAX)

[snupoled]

okay, where am I going wrong:
cvrs for shareholders of record march15 so I believe for those
who have gone through 2 reverse splits already and who have lost
90% of their principals..these shareholders would definitely want
to be bpax on march 15 to get some potential cvrs
I believe also that stock will sell off from march 16 on until
reverse split which will be ? because I have seen this 3 other
times before [my personal experience] I think after the reverse
we go up dramatically because heck speculators will say "give
the new company a chance" factor in that Mr.Simes has empathy for
the huge loss of principals on loyal share holders and it just may
run...
now, safety study is released when? and any other good news before
march 15 and we may go up....but without news and TRANSPERENCY
as it is now very cloudy and investors don't like un-certainty I believe we trend lower until rs...sellers will be people who haven't gone through other 2 rs's I will be the exception in that
I am in at 1.27 and think it is worth the gamble?
Where am I going wrong? thanks