Replies to post #11180 on BioSante Pharmaceuticals, Inc. (BPAX)

[AntiMarketMaker]

This was something bigger than profit takers. The price was forced down below the daily resistance of .84 a day before the final day of the FDA release. The gain we had today should have been from .84 or up not from .79 where it was forced down artificially by some scam artist ready to scam investors out of money. The company did not help either; two of the top guns for hire dilutors were hugging the ASK (AX)for a long time.


Today was a combination of the worst:

1 Heavy manipulation by a group/hedgies/shorties
2 Profit takers
3 and company dilution

We can handle the first and second, but not the third. If it is true once filing comes out, the SP will not go too far up.

[Doctah Shtock]

That's some of you.

There are others who bought in after the crash and have been waiting for their chance to walk away with cash in the pocket they're happy with. I think they took that chance today. The longs (longer?), like you, will have your chance to walk away with cash in the pocket you're happy with too, but it's gonna have to be heading towards or after June when more Libigel data becomes available, or speculation drives it back past $2 PPS. The negative cloud surrounding this stock isn't going to vanish in a day, unfortunately, but the approval went a long way towards that.

P.S. I don't believe that's the reason we haven't exploded yet, but I do believe it's a contributing factor that can't be ignored.