Another stunning day for INO (I don't think!) At the current rate of PPS slide by close on Friday Dr Kim's statement if confidence by buying at $2.25 (pre R/S) will be looking marginal. While management can't be expected to make up news that isn't there, they must create investor confidence in price stability & growth. If sellers are confident that the PPS will fall (as now), then why not play the game and make a few $$? Looking at the performance since the VGX news I find myself wishing I had sold my holding and sold the same again short so I could buy back now. The only way to change this sort of behaviour is by creating an investor base who are there for the long term and who absorb the shares sold whether real or short. Retail longs (I have been here since .75 pre R/S) are good but institutions are needed. They will only come in if there is good news and a stable or growing share price. It's way easier to climb from halfway up the mountain than by sliding back to the bottom.
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