Seelos Therapeutics Inc (SEEL)

[OldtimeramI]

I would not be surprised if Denner's hedge fund ( and friends ) were behind the price action for the past 3 months. Somebody was obviously hitting the ask, and sending the share price higher on January 18, 2017. What was the volume on the Mexican approval of Vitaros? 52 Million on the day of approval. And then about 10 million total over the next five days.

Look at this weeks entire volume: 379 K, and more than half of that volume on the last day after they announced that dilution was imminent!



They increased the share price from the low $1.20's to over $4.00, shorting all the way up, then shorted it / sold the shares they bought on the way up - coming down. You think that small players ( retail ) can trade 52 million shares or 7 X the entire shares outstanding in one day?

This is how the short interest went from being at 250,000 at the end of the year to almost 1,000,000 by February 15, 2017. It now sits at 820,000. How many shares do you think were sold naked? If Denner was indeed behind this. He won't lose money on Apricus.

And for those naysayers, that will say that Denner will not do this because Denner is behind Apricus ( the savior ). What was the reason that many of you have posted on this board for Denner investing on Apricus ? It was because of Fispemifene. It was supposed to be a hedge against RPRX. Last time I checked, Denner had sold his entire stake at RPRX and it was months ago! You guys think Denner is still here on Vitaros now?

He was going to make his money one way or another!