InvestorsHub Logo
Followers 516
Posts 6869
Boards Moderated 0
Alias Born 01/24/2008

Re: Tulaz1 post# 16624

Monday, 06/22/2020 4:53:09 PM

Monday, June 22, 2020 4:53:09 PM

Post# of 16750
Why now? 2 schools of thought. One, they are taking advantage of the recent increased pps in which to raise operational capital BECAUSE they know the phase III results are negative and $CLSN will need $$ in the bank to continue to exist post announcement OR they know they are positive and just want some $$ now because they know their Market Cap is gonna be majorly increased soon. It’s ONLY FOR NEW AND EXISTING INSTITUTIONAL INVESTORS so these aren’t Joe Retail trader with a Robinhood account. And maybe the company doesn’t care if this affects the pps short term for shareholders because THEY KNOW what’s coming soon. I would much rather the company announce now and not on a run after the big announcement to potentially slow the momentum it would have. Also the shorts are giddy after today and I’m sure went into heavily shorting mode today after the 8-K PR came out. It would be nice (and hilarious) to trap a bunch of them and cause a short squeeze on top of a successful, positive phase 3 trial. Baaaammm!!

The float is still teeny on this stock even with the added 2.666,667 million shares in this offering.

All IMHO but there are some very heavy blocks of shares trading hands lately and is setting up for a very interesting future here either way.

DD22

Stock Trading...ha ha...Child's Play.