Wednesday, April 20, 2016 9:26:18 PM
Tang created the toxic short environment because every preferred share they converted on the market brought down the share price. Subsequent selling of common shares after being convered from preferred put further pressure on the price.
Now, Shortsellers don't have Tang Capital to help them ride it down. It will be riskier for them, and as you say smaller float only 6 mil shares outstanding so it will be dangerous for them in RXII.
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