Avita Medical Ltd (RCEL)

[Hezekia]

Has anyone else taken note of Renovacare lately? Their stock is up nearly 300% (almost 20% again today, and rising) since the mid-August time frame - about the time they began hiring people from notable companies and pushing out other news items. Wondering if this could be another pump & dump? Their new CEO (Alan Rubino) recently sent out their 2020 update, which mentioned moving forward to:

"advance the SkinGun through our regulatory program so we can obtain approval for CONDUCTING CLINICAL TRIALS, initially for establishing the safety of our device".

Can you believe this garbage? These guys have been saying the same thing for years - with ZERO reason for anyone to take them seriously, yet thier stock price is currently more than half of Avita's! I know Avita's the real thing, and will be the clear winner in the end, but lots of games being played here. Can't help but wonder if RCAR folks are doing anything in relation to short sells with Avita. Something terribly wrong with this equation!