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Re: None

Friday, 05/24/2024 2:10:20 PM

Friday, May 24, 2024 2:10:20 PM

Post# of 6857
OK, the question is, how BALLSY are the short sellers going to be. With only 5 Million shares in the float, one hint of good news

and those short could be toast due to the very tight float.

And now that it has been 'hit hard' post the split (about 8 cents pre the 1-60), with a market cap of less than $25 Million??

IF that PH 3 news is good, this could easily see the share price back to support a market cap of $40-50 Million. IE, a double

in the share price from this level.

So I don't think there will be that many short sellers (unless they are naked selling) putting themselves in harms way from this price and lower

with the threat of the PH 3 facing them. But it not unlikely that shareholders watching the price get walked down start to capitulate, say enough

and help walk the price lower.

Sentiment indicator I use thats been running 100% positive for over a month cracked today and slipped into the negative zone. Indicating

the BUYERS are drying up..

Disclaimer: own none, but with the collapsing market cap, it getting real tempting.. to see what happens when the ph 3 data is released, if its good
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