Humanigen Inc (HGENQ)

[cowtown jay]

Good post, Yooo.

But chances are, that management has already bought every share the company has issued. So they know how valuable the company is.

And they know how to unlock that value which, in the short run, has nothing to do with our approval prospects, or projected revenue, or any of the standard business valuations.

They have to hold the brokerages accountable for the number of shares they have put into the market, and are charging clients margin loan interest to borrow. They have not done due diligence to verify the authenticity of those shares they loaned.

But, certain corporate actions, such as a stock split, a change in venue, or a merger, will FORCE an accounting of those shares. And I think we are seeing management take those necessary steps which will result in another short squeeze, propelled even higher, and with sustained price support, if the squeeze is supported with news of regulatory approval for a number of indications, including aGvHD, CMML, and covid.