When the company did its secondary at 2, I guess that the book runner has to drive up the price one day when there is good or potentially good news. I looked at the examples of ONTY and XNPT and saw their prices climbed 150% after their secondary. So I guessed that the price of this stock can go above 5. I actually doubted this guess very much and sold 1/6 of my position prematurely at 3.22. Now I think it is time to move out more. I could be very wrong of course.
sold some more and almost all out. Got a thousand shares in there but capped by a short call option sold too early. Oh, well. Good luck to the rest of us riding all the way to 8. I am sick of bleeding red for too long and can't wait to get out.