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Pharaoh-1

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Pharaoh-1

Re: Eltp post# 1225

Monday, 05/30/2016 10:34:01 AM

Monday, May 30, 2016 10:34:01 AM

Post# of 5959
I am trying to understand the mentality of shorts. The company PPS is already so beaten up, yet the short interest is increasing. What do they see that we don't; they must be betting on BK due to high cash burn and inability to pay the debt. There are times that shorts are correct.

So, any positive news regarding the financial issue in particular from the company and/or updated guidance in replacement for the one they withdrew, should force an epic short squeeze. The new CEO needs a bit of time, but he will pull it off IMO...



DISCLAIMER: All statements posted here are only my opinion and not an investment advice by any means. Please, do your own DD and trade at your own risk.

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