Inovio Pharmaceuticals Inc (INO)

[Stakena31]

Lets look at this in prospective. The company has authorized to sell $150 mil in common shares at whatever level they see fit and will only sell until that $150 mil has been achieved. Given the following points I dont see much reason the worry.

1.) We dont know if they will dump all the shares at once or over the course of a given time period. Given the funding that they have received from out side donors I would suspect that they wont be tossed on the market until they need the additional revenue to start manufacturing the vaccine.

2.) If they chose to dump all at once keep in mind at todays prices that's only 10,714,286 shares. On friday we traded 129,574,203 total shares. If this got dumped on the market all at once this would only equate to 8.2% of the total volume.

3.) On Friday we traded around $1,781,645,291.25 worth of cash transactions.

4.)now if we exclude the average short position of 65% that leaves us with $625,575,852 worth of legit trading to compensate for the $150 mil the company may or may not dump on the market.

Case in point I think we are more than fine.