Regenetp Inc (RGTPQ)

[XFundManager]

Why PTE will pop to $30.00 Very soon !!

I believe that H.C. Wainwright is behind pushing it down to yesterday's close. They likely knew that people would be dumping, and I expect a nice tree shake today. Great value if you still have something left to put into it. We know H.C. will want to cash those 1.20 warrants in soon. They won't exercise them without a nice buffer on the back of a short squeeze. They want the cheap shares.


Now the interest rate is up to 13% to borrow. That means even more short side action than we've seen since the big short down from near $2. If we can hang in there a few more days, the math just won't add up to short this. The longer it lingers in this area, the more stress those shorts are going to see. They are already fearful of a squeeze. As the interest increases, more and more cover pressure will result; especially if we see some upticks.

I still have the shorts about 2.5 million shares short of balancing this one. They have a million on order to cover, but when they decide to fill that last 1.5 million, it's going to be a race to the top. That's a snowball rolling up hill.

Right now they are shaving spread between the bid ask. They cover on the low side, short on the top side. They are just printing small bills. It's $2500 in the maker's pocket every time he runs a 500k level with 1/2 cent profit on a penny spread. That's why the bid is rising, and the ask is rising.