Biotech / Related Ideas

[Aiming4]

Gfp - any thoughts on how the financing will affect things if the trials are successful?

That was the greater concern that prompted me to sell some today.

I've seen strange counter-intuitive stuff happen when hedge funds are involved in a small stock.

E.g., we know that Cornell will probably short CLSC into oblivion if the trials fail.

But what will Cornell do if the trials are successful? Does Cornell make more money if the stock goes up and they convert the debt at the .9x price (forget exactly what it was)?

Or does Cornell somehow make more if they work at capping the stock if good results are announced?

Or some combo of the two, making money both ways?