Personally, no. Just my crazy opinion, but I think there are two forces at work here. The bad guys who caused Fargo and don't want bavi to get to market and the "good financial guys" (Dart?) working with team Peregrine who were probably tipped off with a wink about the dose switching PR and were buying with both hands on Sept. 24.
These are the same ones (Dart?) who Schwartz is probably dancing with by coordinating the June 27 PR under the cloak and volume of the Russell rebalance and the same ones who probably got to take long term capital gains from their multimillion share short position (against the box, not net) that they covered exactly one year after the Jan 7 PR 2013 when Fast Track was announced. Coincidence that these events happened exactly a year apart? Maybe. Probably not though.
Here's a question for you. If you short 20 million shares one week at $5.40 and then buy 20 million shares (not buy to cover, but just buy) at $1.15, do you have to report the short interest? Nope. Only have to report short interest when you borrow to sell shares you don't own so there was no spike the period prior to Sept. 24, 2012 because the position was net neutral or maybe even long by the time the short sales settled IMO.
From Nasdaq.com:
Short Interest The total number of shares of a security that have been sold short by customers and securities firms that have not been repurchased to settle outstanding short positions in the market; the net short positions outstanding in the stock as of the settlement date.
I think someone has been buying and re-shorting this puppy against the box concealing their true position for about the last 18 months the whole time knowing that they're about to get to cover their short shares (not "net short shares", but those sold short against the box) with the upcoming S-3. And that's why we can never hold a gain IMO. It's all been a long play that's about to come to an end by Feb. 15. We'll see. But if something big comes out in the next few weeks, I will give a standing ovation to the team in Tustin because this thing has been set up for a LONG time. We'll see.