Inovio Pharmaceuticals Inc (INO)

[petermic]

I believe it is a pump and dump.

In the absence of real news the share price has risen dramatically on speculative Seeking Alpha articles flogging the possibility of buyout by Merck. This unfounded theory has been promoted over and over again on this board. The volume of posting here has increased dramatically coincident with the price rise. I infer that at least some of the posters here are paid to post as well as the Seeking Alpha authors.

Once the stock rise attracted the attention of fact citing critics it fell dramatically. We will find out one day whether insiders sold shares into the rise, and whether they promoted the rise.

Considering Dr. Dhillon's activities in other stocks (ARTH, STVF, etc) and the arc of the chart, I feel justified in calling INO a pump and dump.