Sorrento Therapeutics Inc (SRNE)

[runcaly]

Other companies have the same problem ...

XXXX is the next short squeeze target. The hedge funds are shorting this one heavily. The stock has dropped from $60 to under $25 in the last few days. A big deal is being made of the company losing their largest client but even with that loss, they still expect revenue to grow next year. Another thing you'll notice is a ton of news releases from ambulance chasing lawyers that are trying to create negative headlines. We think that some of these firms might be in bed with the hedge funds to try to put more negative sentiment on the stock and doubt into buyers' minds. This is a telltale sign of Wall Street trying to push it down to maximize short gains. After several red days in a row, it actually bounced quite nicely mid-day from less than $23, a sign that a bottom has been hit.