I've been playing this sector for a minute. Certainly not as long as some of you. Watching a bio trend down between data sets and phase completions is completely normal. Big board, otc, whatever. That's just what they do till data gets closer. But in almost all cases it's from dilution or offerings to get the financing they need.
Going long sometimes seems like a major shot in the dark since many more seem to be doing the day trading thing. Seeing something trade sideways for so long is a deterrent. "They" know this. And if "they" can manage to take out the bid to hold it down while they accumulate even more the cycle continues. Until results that get the attention come through. It takes quite a bit to do what they've been doing.
$IPIX isn't diluting to any form of concern. Data is getting closer by the day that could trigger the momentum to take them out leaving them on the sidelines chasing. The track record of success to date for $IPIX is why "they" have these "idiots" attempting to keep new money away. But imo, smart money is well aware of these tactics. When you see a stock trading on such low volumes (almost sleeper status I like to call it) and good results (especially in a cancer stock) the volume just blows up like crazy. Those ****ers won't be able to hold it back. That simple.

We'll get there imo. And some of us certainly won't be chasing. They'll need to find real shares quickly.