Synaptogenix Inc (SNPX)

[Alzy B]

There have been 280,000 shares shorted in the past 10 days, and that should put shorts at well more than 1 million shares. I'm confident that results are going to be positive, and expect these shorts to get crushed. Shorting at $5-$6, does not give them much profit upside, and certainly comes with a huge amount of risk. I'm assuming that the majority of shares are hedged with calls, however, if equally weighted on both sides, there would be no upside as the call profits would be needed to cover the short loss. Maybe the short sellers are willing to give up the upside because they view the likelihood of success as low / remote. Any thoughts on this would be appreciated. Thank you.