(1) Everyone know Vivus will issue secondary very soon.
(2) JMP Securities just issued an insane Vivus price target of $55/shr
(3) JMP Securities is in the business of PIPE/secondary.
So, put (1), (2) and (3) together and one could make a educated guess that Vivus is gonna offer a secondary soon and JMP would be the one running that show.
Sentiment: Strong Buy