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khaled_shatila

06/06/23 1:55 PM

#143900 RE: shazam1355 #143899

Sure why not slow short covering to prevent a squeeze ! Always a possibility
Bullish
Bullish

redspinelpinktopaz

06/06/23 1:56 PM

#143901 RE: shazam1355 #143899

And, how would they do that?

Lewrock

06/06/23 2:14 PM

#143905 RE: shazam1355 #143899

I believe X reported that short interest has increased by about one million shares since the ASM PR. Pricing will always reflect supply and demand. The math states that demand has been well above a million shares more than the increase in supply.

The professional short community has a lot of capital and they are cunning and vicious. I believe it was the Pumpkin that repeatedly stated that “hopium” is not an investment strategy. I concur! Short sellers are hoping Lebby doesn’t sign another licensing agreement or tech transfer agreement before they can cover at least 10 million shares. In the meantime, they are shorting more at certain price points trying to make $.50 on a trade to offset the $80 million they have lost since LWLG exited the Development Stage and became a Commercial Stage Company. This was NOT supposed to ever happen according to GOOK, who got it backwards!