There has been a sea change in the past few days.
Post# of 72446
Posted On: 10/26/2015 7:37:32 AM
There has been a sea change in the past few days. Friday looked like a reversal day in the trading pattern. (Not saying there won't be another takedown attempt -- I expect there to be one today, and possibly every day until there is news.) However, if you look at the other board, you will see that posts that would have been deleted immediately in the past are now allowed to stand, and that some of the most obnoxious bashers have either converted to a somewhat or overtly bullish stance. Also you will note that a couple of the moderators have not been posting (and one has announced departure).
To me this indicates that the baby bear syndicates have now mostly covered their shorts and/or loaded up with cheap stock. (It may be that some of the junior bashers were not able to short, but were just waiting for the word to come from their employers or co-conspirators, as the case may be, to buy at the bottom.) Whether the real shorting syndicate is done, or whether they will continue to manipulate the stock -- who knows.
But a 130 million market cap for a company with the number of clinical trials CTIX has going on -- that is absurd.
To me this indicates that the baby bear syndicates have now mostly covered their shorts and/or loaded up with cheap stock. (It may be that some of the junior bashers were not able to short, but were just waiting for the word to come from their employers or co-conspirators, as the case may be, to buy at the bottom.) Whether the real shorting syndicate is done, or whether they will continue to manipulate the stock -- who knows.
But a 130 million market cap for a company with the number of clinical trials CTIX has going on -- that is absurd.
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