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Re: alphapuppy post# 282519

Wednesday, 05/13/2020 11:41:25 PM

Wednesday, May 13, 2020 11:41:25 PM

Post# of 719351
I share the same sentiment and anger you conveyed. If there is any truth in the setting though, the company must proceed as planned: Data Lock by end of May, Topline Data by early July, and the data must be reasonably positive or approval worthy.

Then, as share price rises significantly, a squeeze can still happen since those large numbers of warrants cannot be exercised before Nov, leaving previously hedged shares in effect naked, and no holders of these shares, now naked, would wait until Nov warrant exercise and share paying back, because nobody knows what would be happen in between in terms of share price, and the holders have books to balance.

Then, there will be lots of margin calls, and forced covering, propelling share price further higher.

Nonetheless, if those warrant holders, now realize their previously warrant hedged shares have become naked, start to cover in a significant way in the next several weeks before topline data announcement by early July, then it will be hard to see any squeeze after topline data announcement.

Either way share price will appreciate substantially, with the former much higher.

Even if there will be no significant squeeze, share price will definitely go up significantly with good data. So in this sense the interest of Linda and ours are still aligned.

BTW, it seems the company is still on track according to my inquiry to Dave and his answer, and also Umibe's conversation with Les.
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