NAVB - Thinking out loud here...How do you create a short squeeze on a stock with a large short position, when they could go right to the company and buy X million of shares and just cover .20 or .25 cents lower than the current share price? Not saying that happened here or in past financings, but why would I worry as a big short, if I could go and just buy my shares as needed from the company who needs the money to fund operations?
I do not know a lot about shorting, I just know I do not trust the stock market, period. That explains why I'm a quick in and out guy vast majority of the time. Seems like the villains always win, rarely do I believe they ever have to cover. Just my ignorance saying that maybe, but just saying what I really feel.
Anyway, may NAVB keep on going north next few months for many of us.
