Do you know what wash trades and spoofing are and their purpose.
The Sorrento insiders do wash trades and spoofing to create a fake run so the insiders can dump more shares.
So it was nothing to get excited about.
Dr. Ji, exposed himself as a serial scammers years ago when he issued a press release about Sorrento having a "cure" for COVID.
"Report: The Trouble With Tiny Biotech's Coronavirus Cure Claim
ALLISON GATLIN 04:13 PM ET 05/15/2020
"Tiny biotech company Sorrento Therapeutics (SRNE) claimed Friday its experimental coronavirus treatment is a cure for Covid-19.
In preclinical testing of cells, Sorrento's antibody drug provided "100% inhibition" of SARS-CoV-2 — the new coronavirus that causes Covid-19 — within four days. Sorrento expects this antibody to be the first in a drug cocktail that would create a "protective shield" against infection."
On 05/15/2020 - shareholders should have known Sorrento was a scam.