Armata Pharmaceuticals, Inc. (ARMP)

[THREE-DAY-TRADER]

You and others such as me have certainly been pointing out the contrarian view over last 1-2 weeks with the excessive short interest.
However, the pps keeps dropping. The % of shorts has not been a good indicator so far of timing approx bottom area, so let's all be objectively honest about that.
At some point it will come to an inflection point, but for now the shorts have been kicking our azzzzzes & continually do so yet.

This trade reminds me of $HELI back in July-Aug 2015 (when it was NYSE listed and crashed below .30 for a short period). I was in for about 5-6 weeks and averaged down 3 times, and eventually it short squeezed itself into a profitable trade. It was a painful hold, but eventually followed thru. I don;t like to normally be in situations like this.
I see a similar scenario developing here, including chart pattern.
But that said, this type of average down trading is not something that normally works out for most people.

$APHB better have a technical short squeeze &/or good data news to report soon, or we'll be in a permanent & unrecoverable major loss.