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Re: Gremlin3a post# 5453

Wednesday, 01/11/2017 3:46:57 PM

Wednesday, January 11, 2017 3:46:57 PM

Post# of 8023
"Can anyone explain how shorts made a killing on VCEL ?"

Highly unlikely. Simply because there has been such a small short interest in VCEL. It has been usually less than 2% of the float. The only time it is possible that some might have made a bit of money would have been on December 14th when the share price shot up to $4.10 on FDA approval and then after the announcement of the stock offering it dropped down to around $3 on December 16th. But that assumes they were so smart that they could buy at the absolute top and sell at the bottom. Of course the short interest numbers for that period haven't even been released yet so no one knows. If there was a significant increase in shorting around that period it also may have been by those buying the offer at $2.75 hedging their bet.

"What if they can't get shares for settlement ?"

I think you are a bit confused on this. Buying shares to cover a short are always available. It is only trying to obtain shares to short that sometimes are not.

At any rate, unless there is a huge change in the amount of short interest, it really isn't something that probably is very important in investing in Vericel.

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