Navidea Biopharmaceuticals Inc (NAVB)

[Lt_investor]

Line in the sand - common front against shorts

This is a war.

As all wars, longs are losing this one because we are fragmented and do not have a common front.

Shrekli chose this stock to short because there is very limited institutional ownership, and he knew retail investors would panic and sell as losses mount.

However, reading this board, the Oldtimers board, and Twitter, it is clear to me there is a core of insightful long term investors, that really understand the science and regulatory path for Lymphoseek and Rigs. This core is buying on the dip, but in a disorganised way.

Therefore, I make a call here to all serious investors to join in a common front against the market manipulators such as Shrekli. I refuse to be the victim of this war, waiting for the SEC to come to the rescue.

We have 2 days to get organised before the short sale ban is lifted again and the attack resumes. Let's create a "social network hedge fund". This is the plan:

1) All of you who are planning to buy, let's set our good till cancelled buy orders at $3.05 on FRIDAY (June 17th). Traders have highlighted this as a support level, and the stock indeed bounced at that price today. By setting our buy orders there we will benefit additionally of TA-driven traders. If we all do this, we should see an insurmountable wall of buy orders build up at $3.05, "scaring our enemies and giving us courage"

2) Let us make the pledge to not sell a single share below $5.50. This is the point where Shkreli started shorting. If he shorts at $3.05 (point 1) but knows he won't be able to buy back till $5.50 he might think it twice. We can thus also take advantage of the Russell reconstitution, that will greatly increase the amount of institutional investors that have to buy and hold the stock. Decreased offer of stock on sale will make it more expensive to buy, and could squeeze Shrekli and other opportunistic shorts.

3) Make sure your brokerage is not lending your shares for shorting. If they are lent, demand them to be restituted to you and blocked from future lending. That will choke Shrkeli's firepower.

4) Let's request in the coming shareholder meeting to use part of the $30M proceeds of the sale of gamma device business to repurchase shares below $4. $15M should be enough to finance LS to market and restart Rigs, so the company could use the other $15M in short term to repurchase shares. This would compound effect of point 2, especially if we get it into the agenda soon.

If you are with me, promote this post in any way you can, and place your buy orders at $3.05. Fellow $NEOP shareholders, we could make history here!

Taken from yahoo: http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=te&bn=123114&tid=16003&mid=16003&tof=1&frt=1#16003

So who is in ?