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Wednesday, June 01, 2022 11:16:07 AM
1) one or two major funds take significant position, something around 1% of the float, and because of their sizes, willing to absorb any short selling, naked or not, thereby at least maintain the steadiness of sp. After that the market will take care of it for continued appreciation uptrend, and/or
2) Any definite sign of RA approval. We long-term investors or investors who have done enough DD all know UK is in that position to approve, but the market doesn't know which is waiting for a definite sign, like a pr, and/or
3) Any definite sign/pr indicates FDA is onboard with SAP, endpoints, or the company can reveal some positive discussion with FDA re BLA application with positive comments, and/or
4) A huge push-back the notion that the trial data is not adequate for FDA approval by advocacy groups which are already happening, oncologists, regulatory experts, especially after publication.
5) Miraculously, the naked short cabal is disbanded, or their footing AF is indicted with manipulation via distorted reporting, misinformation, etc.
As I hate to say, but yes it could be any day or days for a major shift and dynamic sea change.
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