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Saturday, August 05, 2023 10:05:33 AM
Certain data, indicating a short position here, has once again gone dark. We longer see the OS and float reported here in the Ihub financial section. And ShortVolumes.com once again has quit reporting short volume on HGEN since July 25th.
http://shortvolumes.com/?t=HGEN
I maintain what I have been saying for quite some time, that the company owns every share they have issued. Evidence of that was demonstrated by the float changing to a level that is 110M shares higher than the currently stated OS of 119,080,135 shares. The OS associated with the 229M share reported float was 595.400,675. And that OS tipped me to what I suspect will be a 5:1 forward stock split.
We previously had a former insider announce that he had accumulated a majority interest in the company of 70%. The stock rose 1,700% in the month of that announcement.
https://www.marketwatch.com/story/kalobios-short-sellers-facing-squeeze-as-ceo-shkreli-says-will-no-longer-lend-stock-2015-11-27
Things are a little different now. I think we own 100% of the shares we have issued. And we are not going to piss off HHS Secretary Becerra by price gouging, as Shkreli did for a therapeutic from his other biotech company. And Durrant didn't destroy the FDA on Tucker's show, as he could have. Instead, he referred to them as our "collaborative partner."
If we forward spilt, and merge with Baudax, that will likely result in a 6 month lockup of 238M shares of our 595M OS. If we then refuse to lend any stock...well, that's why I was glad to see that Schwab not only accepted my $100 sell price, they accepted the $200 sell price, as well. No way will I be able to hold off on making sells for less than $100, but at least I have those shares already allocated to $100 and $200 price levels.
I think the 110M excess shares in our market will have to be forward spilt to 550M, by the short sellers who have not made delivery of those shares. I'm hoping for one heck of a short squeeze.
You post is otherwise similar to one Preciouslife1 wrote. I want to research and comment on that in a reply to his post.
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