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Tuesday, May 09, 2023 3:15:52 PM
1) there have been 2 takedowns to $4 and BOTH were on low volume, the Shorts could NOT get a volume capitulation!!!!
2) The fair value for IP and developments to-date BEFORE the mass commercialization begins should be close to $10 PPS currently
3) considering #1 and #2 above, the "juice is no longer worth the squeeze" for Shorts
4) the last few trading days I've noticed LWLG starting to outperform Nasdaq, there were 2 days with Nasdaq in RED and LWLG was in GREEN
5) with 21 million shares shorted there is no escape for all the Shorts so the smart ones will begin to try and sneak out without being noticed and the result will be what was described in #4 above
6) the Shorts Days to Cover at 54 Days is INSANE, markets are forward looking and even the Shorts know at this point that " it's REAL and it's HAPPENING", so if PPS begins to spiral upward as smarter Shorts try and sneak out it could get ugly fast for the stoopider Shorts playing a game of "musical shares"!!!
7) As I see it, if Shorts start to Cover it's "game on" and once that spigot gets started there will be NO stopping it!!! These are the scenarios I see
1) Covering BEFORE Licensing & Tech Transfers News would allow for
a) 10% to 20% of Shorts to profits
b) 10% to 20% of Shorts to break even
c) more than 50% of Shorts to lose
2) Covering AFTER Licensing & Tech Transfers News would allow for
a) 1% to 2% of Shorts to profits
b) 1% to 2% of Shorts to break even
c) more than 90% of Shorts to lose
Bottom line, I agree with what Dude said here,
I"m just going to say it - whoever is short this stock is screwed. Completely boned. There is no way to exit this position profitably any longer.
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