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Jeffqdh

07/09/12 2:56 PM

#17978 RE: izler #17967

Izler,

Pumped more than bashed ? Then what do you call this BS...Jeffries Analyst uses 70 cents PT pre split in his PT to $2.00 which simply translates to new PT of $12.00 post split , Right ? Well no ! then backs away from it....saying new PT holds @ $2.00 , which means PT prior to splits was around 12 cents PPS instead of 70 cents...........

"""Jefferies reiterates its Hold rating on BioSante Pharmaceuticals (NASDAQ: BPAX) and raises its price target from $0.70 to $2.

Jefferies says, "BPAX officially announced new Ph III trials for LibiGel, believing that efforts to minimize placebo responses will ultimately lead to trial success this time around. We've put LibiGel back into our model (assuming a 2016 launch), while also making other wholesale model revisions. As a result, our new PT is $2."

BPAX closed at $2.12 on Wednesday. ""


Who's screwing with who ! Total price manipulation. And now the market is reacting to it.....Do you think we would be trading here if Jeffries PT was $12.00 or at the very least was adjusted from their PT of 70 cents pre split.........or $4.20 ??

We got screwed. Yet again.....My guess is so they can accumulate as many of weak hands shares as they can.......

Any of you guys met Bernice ? Hold for news......JMHO