Another thought is they are hoping to rinse an repeat.
It was driven up to 3.60-ish remember, I'm sure TV made $$. It then went down to a shade above worthless as PLI and TV slaughtered their own children , I'm pretty sure TV made a lot of $$. So now "assuming" the BLA submission is in fact worthy of approval they could be trying to get any remaining shares from weak hands before the FDA chimes. If you had bought the so called writes offering ( because you were so lucky to be given another opportunity to be part of this amazing story by giving them even more money after they wiped us out once already. Thank you PLI/TV for this amazing opportunity ) you may have weak hands. I mean who wouldn't ? Look at what they have done to their shareholders ? So maybe they plan to "somehow" get this pig to the finish line ? Surely an FDA approval will take this back to $15-20. So its not a ridiculaous strategy to buy low, its just very risky knowing what we know.