From a 10 year stock holder I'm going to demystify whats going on here for you guys. It's been the same pattern for 10 years. Every couple of years it happens. A leak. It's probably nothing concrete just " hey we got some good news coming" or something to that effect. There's tons of accumulation almost always coincidentally at this level. Then comes the news which ends up not getting the bangbuster reaction everyone who accumulated hoped for and down the toilette it goes.
People who call this company a DOG are from a historical standpoint absolutely correct. GEB/INO for almost 25 years did nothing but rape and plunder investors.Selling stock and burning through cash and giving away penny options left and right . Reverse splits you name it . At one point there was nothing left here but diluted stock, a ticker symbol and THANK GOD a bunch of electroporation patents.
The company has done well after its merger with VGX. It in a much much better position today.
There's a lot of stale old money stuck at this level though. It will take some type of monster announcement to move this stock over 4.
I called it TEN YEARS ago and I'm still calling it. Lets I'll hope I'm right.