AEterna Zentaris Inc. (AEZS)

[downtrendbuyer]

FACTS and Discussion:

"...Series B Warrants then held by them have now exercised all of such Series B Warrants. Following our recent share consolidation, there now remain outstanding approximately 8,000 Series B Warrants held by a holder who was not a party to the November 1 agreement. This holder has not exercised any of the Series B Warrants issued to it in connection with our March 2015 offering. With the exercise of the final Series B Warrants subject to the November 1 agreement, we believe that the dilution of our Common Shares by the Series B Warrants is substantially finished."

How do you read this? To me it seems like there is still 350 000-600 000 (8000 warrants) dilution in terms of shares for naked shorties coming/or done today. This management is just unbelievable, I have never seen anyone trying not to let the shareprice go up, except AEZS management. This reminds me of MSFT buying Nokia mobile years back when Elop and his management was so scared of stock price going up too soon. Someone is clearly interested buying AEZS and I strongly believe this buyout will come right after all warrants have been converted. What was interesting was many shorties were close of burning themselves badly today and yesterday when some unexpected third party took nice position of AEZS (German drug company or 'fund';O)). Today that last nakedly shorting warrant holder gave someone a lifeline when sending us back down for one day.

I say we have seen a little bit of real AEZS today and yesterday and I think we all know what happens once all warrants have been converted and naked positions have been cleared and when normal shorties close their positions. I say $20 by friday if all warrants done.

Strong Buy.