Monday, August 21, 2017 5:57:40 PM
"As of today, 26.5 million shares of Novo, or 22.7% of issued shares (16.5% of fully diluted shares), have been sold short. There will be around 23 million shares from the most recent financing becoming free trading just after Labor Day, which will also be the week most of the big money traders and fund managers will be back from their summer vacations. If you already own the stock, prepare yourself for some volatility."
Big traders want to sell and book their profits. This could easily drop well below $2.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM