I have no idea, but I am of the opinion that OGXI stockholders can't be too pleased with the:
1.) lack of good news
2.) failure to hold its value
3.) complete downward trend for the past few months
4.) murky bottom
5.) cloudy future
6.) where's management, why are they so quiet
That ATM hanging over our heads isn't doing the stock price any favors. As someone on this board wrote a while ago, it would be prudent for management to use some of the ATM before any binary event-related news comes down the pike (in case the news is bad), so I'm wondering if today's volume and price action reflected some ATM activity ... Once upon a time, MDVN was equally unloved (and shorted) ...