Replies to post #339 on Argent Biopharma Ltd (MGCLF)

[BostonErin]

They’re in the Horizons jr etf and now this mutual fund. That’s huge! Those shares won’t be released into the market. The past years performance from this new fund are really good. They pick smaller companies with big growth potential. We need more volume here. If it doesn’t come this week, it will soon.

I’m trying to find the other companies that got Malta contract. nuuvera did their pps is $8ish- itd be nice if MGC was picked with all the big players

[BostonErin]

I did some math last night. The float on MGC is prob 600-700mill, maybe less. If you take away shares the board holds, in etf, new fund, options, and shares not issued yet

Everyone needs to lock their shares (put a limit sell order at $5 or really high) so they can’t be borrowed for shorting.

We could get a short squeeze- there’s about 230,000 shares out sold short as of last night bought at .07-.08. (Mostly .08). Since volume has been low, we have a chance to force them to cover.

If we all work to keep a buy bid in .02-.06 below what they set at ask- they can’t drop the ask - I can’t imagine they have a lot of shares to sell due to the low volume.

RSI is 54. Accumulation is at top - high short interest = possible short squeeze

Biz- you can correct me if I’m wrong - and/or let yahoo team know (or anyone correct me if I’m wrong)