Jimmy Joe Indeed the Shorts have simply backed themselves into a no-escape corner. In a mere 4 months Jul 2016, it is a slam dunk that the FDA after their Jul 14 approval review, will unamiously grant NDA505B2 for ADF SequestOx. More investors guided by revenues will buy driving up the PPS rapidly
The Shorts Naked Shorting 5.4mil shs for 60% of total vol have no where to go. They are trapped and must cover. Time is running out and a mere 4 months tick-tocking down. Savvy Longs have waited +4 years for many, what is another 4 months???
Date Short Vol Total Vol % Short
03 17/18 5.4mil 9.0mil 60
Savvy $ELTP shareholders are buying the ultra cheap gifted shares from the Naked Shorting. I most certainly am!!!