Replies to post #5892 on Theriva Biologics Inc (TOVX)

[apollo1452]

This current SYN move is Fundamental NOT Technical. That's why the traders are lost in the jungle without a compass right now. Especially the fast money momo guys on Twitter & Market Pulse.

SYN used to be owned & ruled by the shorts & traders. The tectonic plates of SYN ownership began shifting more to longs & tutes in late May with the 8-K, Amendments sealing it last Thursday IMO. Meanwhile, the shorts & traders seem to be oblivious to the ground moving under their feet. SYN short interest actually increased by 8% in June to 3.2M. In addition, on the very day the 8-K, Amendments were released 7/9/15 daily short interest spiked to 61% of total daily volume according to the shortanalytics website. SYN has risen 40% in the 3 days since...LOL! This is classic.