Volume is so small that I am not even concerned with the drop. Let more people short so it creates a bigger squeeze later.
For those that claimed that short selling had nothing to do with this drop, take a look at the short interest just released for 11/15/13. It is up over 1 million shares from 10/31/13!! With any relevant news, we could have a nice squeeze here....
In 15 trading days this month, OMER traded higher than the previous day's close 14 of those days. However, in each of those 14 days it closed lower than the high of the day and on 12 of those days, it closed down or even. This is the most manipulated stock I have even seen.
LIke clock work. You don't celebrate anything until the market closes and even then you don't because there is always a tomorrow.
All it takes is a couple of 100 share blocks well below the asking price to bring it back down by whomever is manipulating this.
I think that fake Dr. Douche is behind this. Someone said he was fired from Omeros so it is probably his lifelong mission to try to destry the company or something. He is quite the loser.
I will be filing a complaint with the SEC this evening. I encourage others to as well. There is some heavy manipulation of the price going on.
They don't even bother to respond to emails. Try sending one from their website and see if you receive a reply.