As a BAA friend, I would like to warn you that selling or shorting AEZS after the RS is dangerous. Thinking AEZS decreasing after RS is against the real AEZS market and only coming from the scared retails. I have many reasons to say so.
1, if institutions or big AEZS investors want to sell their position or shorting they should do so long time before the RS because the RS decision was announced long time ago. It means no much big selling off or shorting will come from these investors.
2, Due to the scary RS decision, many AEZS lovers decided selling or shorting AEZS before the RS and then buying back after the smoke settled. It means Buying pressure was building up for a long time.
3, B warrant is close to complete, investors who are concerned of B warrant will rejoin AEZS market. It means more AEZS investors who were side-watchers will put more buying pressure on AEZS.
4, After the RS, the higher AEZS price will allow institutions to buy while before the RS, the low AEZS forced some institutions must sell. It means institutions may also put some buying pressure on AEZS.
5, As many investors noticed, AEZS cash in hand is more than its market capital. So the 2 phase 3 trials got minus valuation. It is unbelievably undervalued. So, some new investors will try to take the risk/award. It means even more buying pressure.
6, Some people here mentioned AEZS will offer new shares after the RS. If so, the AEZS price will manipulate higher and higher by the company and the proxy banks before they do so because the company and the proxy banks want to get as many as profits with as little as shares offered. If you check all of offering from all of companies, the price always are manipulated very high before an offering.
So, it is very possible AEZS will be over $10 in short time
