Replies to post #1216 on Evofem Biosciences Inc (EVFM)

[Smilin_B]

I think it's interesting that Amy is blaming short sellers on pushing the shares down Friday so that they would violate the NASDAQ rule of $1 bid at close.

This company must be really really hated if it is being short sold all the way the hell down here. And I can only imagine whoever is shorting this, must have gotten severely burned. I mean just look at a chart of this stock from the upper left to the lower right. It's one of the most disturbing charts I've ever seen but I'm willing to throw $10,000 - $20,000 at it in the event that it does begin to recover organically like Amy said it should LOL

[Smilin_B]

Don't you think the offering is what caused the share price to lose $1 again back in May? Of course it was. But they raised $20 million or something, I can't remember off the top of my head. And they should have used some of this cash on hand to make certain that the stock closed at a bid of $1 from August 8th through August 22nd.