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Posted On: 10/26/2022 5:54:09 AM
Post# of 148892
That would be shooting for the top, and sure do hope it pans out that way.
Mainly for the reason, that many shorts would be driven to cover as quickly as they could if that were to happen and it would happen quickly. If one thing were to happen, but not the others, then shorts may take it easy to cover and take it slow so that they would be able to cover at lower prices, but all that news together would want then to exit their bets at once leading to at least a modest squeeze until they all got out.
If there is 35,000,000 short interest and all wanted to get out at once, at these price, that would bring in 35M x 0.4 = $14M.
and if there were 35,000,000 shares available through Paulison's S3 people, they could do it today without budging share price one penny directly through brokers. But, if these registered saleable shares are no longer available, or their owners don't feel like selling once the hold is lifted, BLA submitted and NDA disclosed, partnership revealed, then who will sell the shorts these shares? The traders on the open market, but if they won't sell either, then shorts can't cover, until the price is right. So 35M at $2 is $70M, etc...
Mainly for the reason, that many shorts would be driven to cover as quickly as they could if that were to happen and it would happen quickly. If one thing were to happen, but not the others, then shorts may take it easy to cover and take it slow so that they would be able to cover at lower prices, but all that news together would want then to exit their bets at once leading to at least a modest squeeze until they all got out.
If there is 35,000,000 short interest and all wanted to get out at once, at these price, that would bring in 35M x 0.4 = $14M.
and if there were 35,000,000 shares available through Paulison's S3 people, they could do it today without budging share price one penny directly through brokers. But, if these registered saleable shares are no longer available, or their owners don't feel like selling once the hold is lifted, BLA submitted and NDA disclosed, partnership revealed, then who will sell the shorts these shares? The traders on the open market, but if they won't sell either, then shorts can't cover, until the price is right. So 35M at $2 is $70M, etc...
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