Hmm, not sure I follow the "someone is continuing to buy" theory. Looks like short term traders and perhaps LT buyers have entered the fray. The well above average positive volume is moving the stock UP.
It's actually unfortunate the company wasn't able to structure a new financiing deal at the current PPS. But such is life for a left-for-dead stock and the new partners are sure happy with the current PPS.
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