We had 49 million shares ran us up to 4.55 on FDA approval day and then the stock collapsed. Some/Many speculate a 3M to 6M short position came in thinking Cowen has shares available at $3.01
So if that occurred, and we won't know until tomorrow, then that is what I call the spider web. The hedgies/tutes short or naked short the piss out of it to oblivion in seekance of cheap shares from the ATM at $3.01
Now if Cowen holds back under VCEL direction and doesn't sell, and soon, while under this massive short position, (assuming there is one), and puts out a massive disclosure press release, then there will be one hell of a squeeze may to the $10 $12 area who the heck knows, then Cowen can unload at premium.
It would take some Ixmyelocel-T phase 3/partnership news and this thing explodes if such a short position exists and made to cover.
Got to love it.
Speculation.