I follow alny from time it's found in 2002 and shorted from time to time. This is a company which has no product what so ever but rnai theory and it survives 11 years just by PR. It feeds investors with news and empty promises and surprisingly investors keep putting money in one wave after another. I'm really amazed with the management's propaganda skill. Its CEO would be very successful if he's a politician.
i agree with you about the irrational rise over the past several months while insiders are selling like crazy. but there are some catalysts coming in the second half of 2013. so i'm guessing hedge funds must be behind the run up. i liked it below $20. but i can't comprehend how it's more than ISIS, a more successful rnai company. any bad news, and the stock will drop 10%, but any good news in trial results, and it will continue ballooning.