Organovo Holdings, Inc. (ONVO)

[WHP03]

Short squeeze... more than likely... but it may take getting to (or straddling) the 200 DMA as we did in April-May before a catalyst (ONVO co provided) will light that match. The short interest is most definitely growing. Most recent report showed another 1.5MM shares added to the short pile, with a 20 days to clear tag attached. I expect the short interest to have risen at least the same at the next report. I don't think it's pure hope for a short squeeze - I think it's a matter of marking time. In the meantime - your chart reading glasses tell no lies. Technically it's ugly, with a capital U. But I continue to buy, stock and options, week in and week out. The shorts are not going to scare me out of that long-term strategy - no way, no how.