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I sold some shares; it’s gonna skyrocket now
With only 4 Mill shares short, I don’t see a hedge fund having too much trouble here. If they HAVE to, they can cover at a manageable loss. I still see a spike, but don’t see anything overly dramatic
Why would short buy calls ? As insurance for another bill run, I presume ?
In other words $1 at best. But that can’t happen until shorts cover.
A buy under from Chicken Soup for the Soul Entertainment. CSSE. Horrible name.
Do you think they are covering madly during this dip ? Could the SI be sharply lower this afternoon ? It’s only 4.5 M shares, right ?
That and Maybe this is the only time they *can* drive the price down using as few shares as possible. Cheapies !
How quick can a margin call happen ? Instantaneously after an account hits whatever threshold ?
Stocktwits was up at least 1,000 also. Maybe 2 K
Was $13.01 a resistance level ?
But volume is much lower today. Where did the buyers go is the question.
Total Case number growth rate continues to slow to just under 10% per day.
Growth rates of monkeypox continues to slow a bit but more so for the U.K, who had the first case. This strain will not be anywhere near as widespread as C-19. But 10,000 monkeypox cases total and in a few dozen more countries, absolutely. Viruses normally mutate into more transmissible and less virulent strains like C-19 did. Against this pox I don’t know which is better or worse : less transmissible and more dangerous or more transmissible and less dangerous. Or for that matter, which would produce more revenue for the company ? I’m not gonna think about that.
I’m surprised worldometers doesn’t have a page for monkeypox. I’m copying Wikipedia figures into a spreadsheet and comparing day to day figures.
Monkeypox is now in 34 countries with about 600 confirmed now. Cases increasing about 20% per day. That’s about a doubling in 4 days; growth percentage continues to slowly decrease.
I wondered about buying SIGA (who has a monkeypox treatment). But the number of cases aren’t growing that fast. However, the share price IS growing fast. Oh well, I picked the wrong one it seems. But 15% so far is sweet.
I don’t believe the case numbers of MonPox are high enough to do that, but governments are placing orders already and a nice spike price (bigger than what we’ve seen in last few days) is probable after earnings come in.
I’m thinking this could be a 10 bagger. They make the monkey pox vaccine.
Haven’t you noticed ? The medical industry and media have done everything they can to discourage treatment and even sensible prevention of that virus. They only want vaccines.
Should have led off with this : Thank you glycobio for all the wonderful ingrown you’ve shared. That’s very encouraging
There are so many indications which SOME body should be working on. But GALT won’t have the money for years. Apparently there’s still no other corporate interest on what GALT has to offer. Chiles is no longer working GALT on cancer. (Maybe that’s good; Chiles was too EFFING slow) Phase 2b/3 for NASH might be done in … 2027 ?
Volume is back down to the trickle of 3 years ago. I see a possible 6 years of downward drifting share price.
Almost twice the outstanding shares were traded today. I’ve a feeling that we will give back all of Friday’s gains on Monday. Just like April 14’s gains with 64 Mill shares were given up the next day.
You know what I’ve learned ? “No matter how undervalued a stock is … It can always go lower.”
The FDA and media did everything they could to prevent treatments being used especially ivermectin. Treatments were portrayed as DAAAANGEROUS even though millions take them every day. Docs were threatened with license suspension if they told people to take their vitamins (D). And now its finally more widely known that NIH hired Wuhan virology lab to do gain-of-function expirements on bat coronaviruses. See a pattern ?
“Not today, Mr Weasley. Not today.”
Volume is sooooo low, that the Wall Street Bets-like crowd doesn’t want to jump in. Or so they say on StockTwits
In 3 years I’ve learned .... it can always go lower.
I was waaaay off : 20 Mill per hour ???
After the Cancer publication, will the volume tomorrow be 500,000 shares or 15 Mill ?
Fauci hired the Wuhan Virology lab to conduct Gain-of-Function expirements on bat coronaviruses. - - Newsweek. And Nature.
Is any audio available from that presentation yesterday ?
That would ONLY cast the company $700 Mill. Suuurrree, they could do that.
That is until W$ admits they made a mistake in going 100+% short. Which could be never.
They can’t help it; it’s in their green blood.
At $10 GME with $5 B in revenues would be valued with a $700 M mkt cap. I would say that’s a bit low, but in the ball park. Disagreements make markets.
With $5B in sales, many healthy retailers would have a ~ $2B mkt cap. Growers would have more, declining retail like GME should have less. Currently at $17B mkt cap. Time to sell.
No, noooo. It would take at least a few hundred billion to do that.
Great quote from Mad King Ares in GoT.
Can’t do that with all the corruption in the election system. Did you read a few of the states election lawsuits ? There are SOOOO many ways that they cheated.
Hedge funds literally have TRILLIONS of more dimes.