Citron first started publishing info March 9th or so. I am sure they were building their short position prior to date. INO traded in the $6 to $8 dollar range in this time period.
These guys are desperate and hurting. INO has been up 100% since then.
IF INO keeps moving up, it will be their demise. Hoping they loaded up on their short position.
FYI - they released some negative info today, shows how desperate they are.