I continue to agree that we're at artificially depressed lows, but I would be surprised to hear that institutions are buying at these levels, given that they don't typically dabble in penny stocks, which we unfortunately are (at least for now).
I don't think I would count on institutional investors to come and pull us out of this fire
I’m thinking this is the pre-beat down move before Amgen makes an offer. It makes sense that they’d hire an IB to collect every share possible prior to buying the whole enchilada.