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Re: MiamiGent post# 532

Sunday, 02/28/2021 2:50:12 PM

Sunday, February 28, 2021 2:50:12 PM

Post# of 807
The short issue may not have been posted here, but it has been posted big time on Twitter by people with thousands of followers. People are highlighting that KMPH is the second or third highest shorted company in the country, with the March 2 PDUFA coming up as an inflection point. They may not understand where the shorts are coming from. Because of the Gamestop real short squeeze, novice investors, and many experienced investors, are looking for an easy way to make big bucks -- identify highly shorted stocks and play them. This may attract very soft hands into the stock before March 2, who will sell pretty quickly if their short term hopes (one or two days) do not pan out. This may depress the stock price rather quickly, and it will take a while before long term investors such as yourself are rewarded (I'm assuming you won't sell during the first few days with the company outlook you have laid out).

By the way, it does not make sense to me for a normal short seller to take on a drug approval where there is a long-established safety and efficacy for the underlying drug, but there may be some who hedge their positions with offsetting calls.

I am just trying to point out that there may be no short squeeze, and why that is the case. That will allow other investors that may read my posts to adapt their investing strategies as events unfold -- this will hopefully save them money or make them money.
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