Replies to post #7588 on Celsion Corporation (CLSN)

[badslinke]

And no doubt a lot of those short positions got covered on the way down. I'd really like to see some up to the minute short % stats from the past few days and today. Anybody know where to get them?

[cabel]

Brilliant analysis,.thanks!!

[NotRichYet2]

Good analitical post - BUT WHAT NOW - At least untill the JAN options expire CLSN will still be under downward pressure by those you mentioned. This BEAR RAID will be shorter I suspect in that the company has yet to release the study DATA that will push the PS well north of $10. Till then more could be shaken out. Holding for the news however still looks to have a big payoff.
CHOOSE WISELY and understand what is going on here.

[JUST 10-11-12]

wow..those rich folks have all the ways of becoming richer

two million bid around six bucks..geex

[Rosterman]

Thanks for the good work! Member mark.

[TomLaf33]

Not sure I get that...they bot $2.50 calls and paid $6.80 for them. So their cost was $9.30 and your saying they banged it out through $7? That would be a loss of about $4M...unless they wanted to take the loss to get out of the short??

[TheBunny]

A masterful description of how the pros robbed CLSN. Thank You!

-bunny-

[diannedawn]

A lot of people got robbed today, legally. Unreal. But brilliantly executed...

the things people get away with in this country...
appalling.

[sdtrond]

Couple notes:

If they bought 9K calls, that equates to 900K shares upon exercise, not the 9M you list in step 2.

If DITM calls bought, then exercised, they've spent $9.50+. Then they sell those for cascading $8-6... buying back their shorts for 6-8.

That means they are still out the $ for the days work.

That might work for one short, being short maybe the nearly 1M you show from the 9K call example. But we had 6M SI. I'd prefer to assume a smart short would simply hold those calls, hedging the origanal bad bet they made?