Replies to post #1233 on BioCardia Inc (BCDA)

[PirateLeviathan8]

I have traded so many shares in the last few weeks and months that have issued new shares or announced new shares and closed in these huge volumes within the day.

You can see from the trading that the share wants to rise and will rise in line with the positive approval and the expected increase in profits and income.

It is simply our basic evil with these short addresses that are now headlessly beating up on every share that is even slightly up, regardless of whether there is good or bad news.

But this headless beating on shares very often brings the next 100-200% plus in trading the next day, because they then close the open positions as quickly as possible at all costs and then try the game all over again later out of sheer anger.
It is therefore no wonder why so many of them go bust. Well, it's not their money, but only that of their investors in these funds.

[it_happens]

Also, it's not like the offering was needed to keep the lights on. The money gained from the offering will most likely go toward increased production of the approved product. It's called an investment. The company should realize good profits from the investment.