You're right, the reason behind it is most people are just in for a quick strike. This company has put itself in this situation due to its finances & lingering approval the past 2 years. The only way out is for some solid PR which we all are expecting come spring. Right now this is a 1-3 tick stock. As for the few people who are long here, I think we'll still hit at least a penny before any announcements, thanks to the buzz and promoting ADMD will experience towards the 120 day mark. It's a win win in my opinion if you're just trading this for a quick pay out or one in 6 months.
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