Replies to post #10550 on BioSante Pharmaceuticals, Inc. (BPAX)

[coldspell727]

When there are as many short shares to be covered as there are, this kind of anemic (relatively) premarket gain isn't that surprising. They want, no, they NEED for you to think "Hell, is this all there is? Guess I better sell now and get what I can."

I'd like to use Alexza as a basis for comparison. Look at what BPAX has going on.....now, go and take a look at what Alexza (ALXA) has.

ALXA is right around .70, last I checked.
That's where BPAX was yesterday. Now it's 1.15.

Make sense to you?

Me either.

[Cee-It]

Until it opens I doubt they will go much over the $1.14 range since they could quickly pickup many more $1 Call Options for about that 15 cents effectively. That won't last but a blink at open though.

GLTA