strange trading activity, page-20

Wouldn't be surprised if it were bakers offloading. They could afford a loss given they received the underwriting fees. And if there were no imminent good news, why hold when they can probably make better gains elsewhere. Of course they could hold and eventually be in the same state as many holders waiting on the promised land to eventuate while holding increasing paper losses. Hoping this game has a positive end to it someday - there are postings regarding the various patents and approvals that receive cheers. Then the postings regarding partnerships that receive cheers, followed by the postings regarding the progression of trials that receive more cheers. And now recently there are postings indicating that even given the above, if the trials fail then all the previous efforts are for null and unfortunately that is one area that is difficult if not impossible to speculate on in advance. It's a little wonder that bio stocks like obj are rated speculative since the odds of getting out the end in one piece are low and costs to get that far high. Hence I would doubt that any underwriter of obj would even consider holding the stock for a lengthy period of time - we have and where did that get us (except of course for the select few that revel in a falling price in order to average down or top up - a strategy that makes no sense since the better strategy would of course have been to exit before the stock fell, and repurchase in full when it dropped this ensuring a better average). Will have to wait a few more months for the churn to complete and eventually the traders will again decide to pump it up again for the dump, a cycle that has repeated itself countless times over the past few years. If it gets above 2c might even consider playing the same game in order to dig out of the hole of losses. Would only take a year of pump and dump piggybacking to break even on the stock, and if in the interim something of worth is released, then either in the money or buy back in as the many other traders would be doing since I doubt they would be holding millions of stocks on the off chance either .