Sorrento Therapeutics Inc (SRNE): I don't think we see a true upward s...

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Re: xray168 post# 4754

Friday, 07/24/2020 12:25:26 PM

Friday, July 24, 2020 12:25:26 PM

I don't think we see a true upward share price push until the details of the acquisition and the financing method are made public. What we are seeing is a downward movement on the assumption of those with a short position that this is being financed by share dilution. I have my own thoughts on how the debt payoff and and this acquisition are being financed, but we will see I guess.

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