Replies to post #3063 on Instadose Pharma Corp (INSD)

[Stewey1978]

Sucks for some of us because we can’t trade yet. But I’ll keep high hopes

[congotongo]

it will all break down to math. how many shares in the float, vs how many shares are short. dont know the answers to those though.

im assuming the spreads are proably huge?

[TheFutureForsure]

Here are my thoughts and opinions:


So When Trading Begins on the 9th and most likely from the Expert Market What do Most Expect?

Obviously some will be trying to sell while others will be trying to cover.

Downward Pressure as the Market Opens then some ups and downs?

Yes but if there is no selling the shorts will have to still cover so we could see higher highs imo.

How low or high can INSD actually trade?

I would say no lower than $5 and with shorts covering could go higher than $60 imo.

Will Most Longs Stay and Wait or Sell and lick their wounds?

Hard to say but based on the total volume shared by “The Weather Outside” of said 500,256 Shares traded there may not be many sellers as I personally won’t be selling to just get out. Now if this for some crazy reason went into triple digits as shorts cover I would take some profit lol.

Will there be a Short Squeeze with all the shorted shares?

Not sure if it would squeeze per say; however without truly knowing any details shorts may want to cover?

If so will longs ride the wave and cash out at new highs?

I plan to wait for an update but will take some profit as mentioned if she runs on any covering.

This is all in my humble opinion and based solely on my own investment strategy.