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Friday, 08/02/2013 9:17:54 AM

Friday, August 02, 2013 9:17:54 AM

Post# of 10487

This is whats happening here with ONVO

The brokers have decided that ONVO is now 70% margin instead of 25%. So you now have to have 70% cash in your account. They decided after hours yesterday., Seeking alpha did another negative article yesterday. Then, the company itself decided to announce that they are going to sell more stocks. Now to me its very clear that shorts have to cover NOW and needed shares to do so. Well, the brokers are NOW selling the shares of people that do not have enough money in their accounts to cover the new required % requirements as of last night.The shorts are NOW buying these shares as well. I believe news is around the corner and this stock is going to rocket after these shorts get their way.

Good Luck to everyone and do not margin again if you do not want your broker to sell your shares due to the lack there of!
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