Bio Path Holdings Inc (BPTH)

[wordlender]

Yeah, in April 2016 there were 1 million shorted shares. After being added to the index in June 2016 shorts jumped to over 4 million. Some of the shorts are not related to the trading around the the Russell addition/removal. Some people just think this company will fail. Others may be hedging their long positions.

I was the first person to identify that short play on this board. I first bought the stock around June 2014 thinking the index would provide price stability. When that plan did not pan out, I did some research and found this short selling play. I guess there is a lot of turnover at the bottom of small-cap indexes, and short sellers go after those stocks. You can google it and read about it.

I still think buying and holding for a long-term is a better strategy here than trying to time the bottoms and tops. As long as you buy lower than where you sell, you are doing well. No one should kick themselves for missing the absolute bottom or the top.

Also, Doug Morris replied to my email. Here it is:

"I appreciate your thoughts. The Board of Directors are looking into significant number of ways to improve the Company. Obviously, I can not discuss any specifics without a general press release.
The key is as you point out is the Company has had zero failure in the pre clinical and clinical trials. Ultimately the technology will prove itself in further, larger clinical trials, and the stock will respond accordingly."

Maybe we will see a general press release soon?