This post discusses a US biotech company that had it's SP destroyed by 70% by insider traders with big wallets who aimed to mop up as many cheap shares as possible, because the inside news they had was very positive. It was not enough for them to just secretly buy up, they had to manipulate the SP to destruction _first_ then mop up all the stop lossed shares. Read the blog and be educated.
Imagine what the Biocryst SP would be if they had Inavir. Then look at Biota and think of the next quarter's Inavir sales in Japan and imagine what will happen then.
We know BTA is a favourite plaything for those with big pockets. What they hate most of all is if people buy up on the dips. I aim to be hated by them.
BTA Price at posting:
$1.05 Sentiment: LT Buy Disclosure: Held
