Replies to post #11616 on BioSante Pharmaceuticals, Inc. (BPAX)

[re-actor]

I think your realism is not based on any DD that you could and should have done on this company.

Add to your DD the fact that big players added heavily to their portfolio, some 50% of the float was traded last wednesday above $1, about 20% traded yesterday in a narrow channel, and that most 'real' shareholders (aka investors, from before the december-cliffdive) are still holding for recovery. A calculation on this gives us a few options: 1) many people sold for a loss, 2) MM are accumulating for some reason, 3) shorters are still all over this stock.

option 1) is not a reality IMO

I'm willing to hold my breath untill we see an extreme move on this stock. Upward that is ;)

[dantheman1]

I must disagree with you and the reasons why is look at all the shares that the insiders hold. Have you checked out the latest 13g that was file on 2.14.12 a lot of shares in strong hands for some reason.

[ortco1]

Well I feel you are way off base on that, we might not see 3.50 real soon but 1.50 we could see soon.

[RallyTheMarket]

Now you and I both know this is no pink sheet. Thats the problem. Too many people haven't done their DD to know this is legit. I'm bummed about the PPS too but it'll come around. Panic sellers because they think it's a P&D so they scramble. Just like AT*N. it had a pull back and all the people without a clue tossed their shares in the toilet.