well in the lead up to the barda ann the price was always rising...most thought it was just another bear trap.....
so I doubt very much there was anyone shorting in the week before the announcement....but someone was doing a lot of buying........everyday.....so there had to be a leak.....I feel......
as for whats happening at the moment I feel some parties are in there to buy...but the only way they can do it is to do either some shorting ....to shake the tree good and hard...... ...or they have bought on market and sold down progressively to force out sellers at a margin that covers any losss they may have incurred via a sell down....
of course their is the other possibility....shares are being sold down to other parties they collaborate with in a round robin share swap.....so no real overall losss is incurred in the longer term but they manage to force out selllers who otherwise would have held for a higher price....
the past surges then unfounded dumps have helped re-inforce this panic syndrome....and they will play their little fiddles till they have the quantity of stock they require.....
...how unfortunate for them they have a limited window....as royalty figures are on the horizon...and over seas companies will now be interested.....
..cook in his infamous last speech which killed the share price...said...without the barda grant ...its hard to get any US interest...something along those lines...check the report.....so from that we can assume the interest was conditional on getting BARDA ....well we got it.....and a lot more than anticipated.......
so yes.....there are people out there chaing this stock....your stock...and they play dirty......because they are going to maket a truck load of profits on this one......the one thing thats for sure.....to make their profits they will have to cut it loose and become market makers....for the general market to buy in.....
good luck
BTA Price at posting:
$1.40 Sentiment: Buy Disclosure: Held
