I don't think it's anything more than the stock was crushed....beaten down and way oversold. Bruce stepped up and bought and bought and bought. Now it's back over $5.00. It's got a long long way to go to get back to even pre-ASCO levels. This company isn't getting bought out until Bruce decides it's time..and $5.00 isn't the time. Enjoy the ride... it's going to be a long long one.
I agree. Kovner likes the company and is loading up. He is shrinking the heck out of the float so shorts better pray that no blockbuster news comes it. It will be hell for them to cover with very few shares to buy back.