Yes... a fact... and a MEANINGLESS statistic (IMO)
unless something forces SHORTS to cover!
If a SHORT thinks ONVO is overpriced and will go to 4, or 2, or zero... AND HE HAS SHORTED at 12, 10, 8, 7...
he still has a cushion of $$$$ giving him comfort as he holds that short position!
NOTHING currently known or in play FORCES a SHORT to cover... in 12 days, or 120 days, or EVEN MORE DAYS.
So long as HIT PIECES CONTINUE to be written discounting ONVO's progress in the lab and ignoring that contracts for those tissues will follow,
people will SHORT or HOLD SHORT POSITIONS because the HISTORY of ONVO's PPS favors them to make $$$$ doing so.
UNTIL ONVO's status changes to selling and marketing products in an established pipeline of products...
thus producing revenues that are increasing...
and an increasing PPS which will FORCE A COVER,
MARKET MANIPULATORS will be able to game the system and PLAY ONVO.
Now that is a FACT.
>>>>>>>>>>>>>>>>
From a Long's perspective... IF ONVO shares were bought 4-5 in the last year (2014) and are held for 3 years and ONVO moves to 10...
100% gain divided by 3 is a 33% return on the money.
Personally I think in 3 years ONVO will return much more than that.
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