But why would the next imminent news most likely be anything other than the next financing? The last one was for about 2 weeks cash, and we will soon be at two weeks.
So the people running the deal trade shares back and forth, while raising the price, to get fish to bite. Then they short into the action.
Was not this pattern noticed prior to other offerings? Was that not the reason why a few longs here were "fighting" to get shares at now much higher prices?