Nearly 1/3 of the volume on Friday was short.
Post# of 36537
https://otcshortreport.com/company/GNBT
There are still people out there who don’t believe in GNBT and are trying to take it down. If there is organized collusion with shorts and MM or CMT/ Veneto they will try to kill the div again. If joe allows that to happen we will see new lows.
I think without the short selling we’d have closed much higher Friday. Consider this. The price is moving up and you see an ask pop up lower than the last. Who does that? A short. Saw that several times Friday.
Gonna be an interesting 2 weeks. Hopefully joe has some good press lined up and for once the longs prevail and the shorts get pummeled.
What I’d like to see is an earnings guidance for Excellagen for the past Q.
News on NGIO valuation/ share structure and S1