Kiora Pharmaceuticals Inc (KPRX)

[BeamMeUpScotty]

There’s a guy on StockTwits who says that the short interest is 41%.

He goes on to say that when the trade clears for his substantial shareholding he’ll be moving all his shares to his cash account. Apparently, anyone holding any shares in a cash account - those shares cannot be lent out to shorts by the broker.

He holds a substantial percentage of the minute float but has not stated exactly what percentage.

As we all know there’s a big gap at $6 which might even get filled today.

It’s been steadily churning higher and higher all afternoon. I can’t remember how many times it has tried to break the resistance at $5 but at the most it will break that resistance no later than the fourth attempt.

With some amazing price targets recently and the float steadily moving into the hands of longs or swing traders this could get very interesting.

This guy on StockTwits says that the really big moves like other recent biotech runners and the real fun with shorts will start on Monday!