Sunday, July 30, 2017 10:16:31 AM
A borrow rate for shorts north of 90% w/at least one broker...
Morgan Stanley opening a small position in q1 with about 7.5k shares as of 3/31 per Nasdaq... now over 300k as of recent filing...
These are small, but important, evidentiary points that run counter to the sky is falling theory...
Also interesting Colonnade management named FA... presumably related to asset sale...
2 important pieces of information coming due... Q2 financials due by 8/15... and details of a financing as cash has to be short right now...
Could the company go under.... most certainly the answer is yes... Opus extended to 10/27... but they should be in need of cash and have been silent on how they plan to handle that...
This is a complicated story... I have come to believe it will either be a 2017 disaster or a 2018 success... within the next couple of weeks we'll get some additional and important information... glta...
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