Prosensa Holding BV (RNA): Not sure what it will take to get the sh...

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weazelboy

Re: None

Wednesday, 04/09/2014 5:11:09 PM

Wednesday, April 09, 2014 5:11:09 PM

Not sure what it will take to get the shorts hold on this stock broken. Latest numbers out by NASDAQ after close today show short interest increased another 150k on 3/31 from prior period and total now stands above 1.81 million shares short again.

Seems to be a great opportunity for a massive short squeeze...but, who knows. Just keeps drifting lower and lower since the last announcement. Almost looks like a replay after the 9/20/13 news if you look at a chart (which is just dumb, since this was good news).

Anyway, I guess they need to announce some "statistically significant" news about one of their trials...since "clinically meaningful" isn't good enough........

Everyone is abuzz over at SRPT lately that news about FDA approval (blah, blah, blah) is imminent for their drug. If that turns out not to be true, could give RNA a boost. At this point, it's all a guess.