The day traders sitting in a room with multiple computers are minipulated this stock like crazy. They really dont care one way or the other about the trials.
think about it this am the stock went from like 5.30 to 5.89 in less than a minute. Thats because a #$%$ load of people had an order in a penny apart and they were all 100 shares or so and when it got near the top they triggered their large ordess and sold and it went right back down.
i'm sorry but your argument is flat footed. I have seen this happen in more stocks than just this one and it's not manipulation. In the morning it flies up and then after about 30 minutes it settles off. I have played, and still do play, the role of a day trader and have used this to my advantage many times . there were some mornings where 30 minutes of work would net me thousands of dollars. My point is stop complaining and learn to play the game.
I am long on SNSS, but i will not hesitate to sell to buy on a pull back. Play the game and may money pour into your pockets!
Ive been doing this for 15 years or more and i guarantee you have never seen any stock go up that much a penny a trade 40 consecutive times in less than a minute with measly 100 share buys and then retreat almost to the start point unless it was day traders manipulating the price just like it was here. ive seen it before also and it was the same game.