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Re: None

Saturday, 01/05/2019 12:30:56 PM

Saturday, January 05, 2019 12:30:56 PM

Post# of 702505
From recent Larry Smith report; he suggests 150-250 naked shorts.:"But why is the attack continuing in the face of promising data? The wolfpack is just in so deep that it can’t back out. Those 150 to 250 million illegal naked shorts have the potential to cause both huge financial and legal issues. Before they thought that they could force a bankruptcy and never have to cover their shorts. Now their sole hope is that the phase 3 trial fails."
Poor Man - Saturday, 01/05/19 11:16:55 AM
Re: abeta post# 206702 0
Post #
206735
of 206747
Assuming that's correct, the short interest is equal to only ~2.5% of total outstanding shares, which is a very small percentage, especially for a small speculative biotech.

If anything, this shows how immaterial the shorts selling has had on the stock price. The growth in shorts during the period can easily be attributed to the overall increase in shares and the appreciation in the stock price over the past couple of months.
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