Interesting observations from yahoo’s Cydy comme
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Posted On: 11/27/2020 4:24:51 PM
Interesting observations from yahoo’s Cydy comments from Joe
Shorts complaining about the volume because they need more of it to keep shorting to open their position. Also.... They are losing the battle because less shares are out there to keep shorting now.
1. Not enough volume to open new positions to push it down.
2. They are avoiding closing their position to buy because they will need to cover way way higher with 26 million shares and no selling volume.
3. They are basically stuck here and...
A. Can't get out
B. Can't short enough shares because of low volume and they aren't available so they can't cause a panic.
4 I think most longs are stronger handed now so we basing out forming new support. This 2.66 2.67 is the battleground. In my opinion something is going on behind the scenes here. The range is tightest it's ever been. There's a going to be a big move here let's hope it's in the longs favor.
5. Shorts running out of time. By the time Monday comes along the trial could've filled another 12-16 patients towards completion. That's only 74-78 total left while the review board can take at crack at the 75 percent.
Conclusion.
1. Shorts running out of time
2. Not enough volume for them to open positions to use scare tactics to pressure longs to sell.
3. Not enough shares to short.
4. My guess they stuck so expect another fake investigation or hit piece. If it comes I'll gladly buy more but. Hoping we just go up from here.
5. Reverse head and shoulders someone pointed out.
I'm not an expert. I'm a noone. Consult your financial advisors. Accountants lawyers. Do your own due diligence.
Shorts complaining about the volume because they need more of it to keep shorting to open their position. Also.... They are losing the battle because less shares are out there to keep shorting now.
1. Not enough volume to open new positions to push it down.
2. They are avoiding closing their position to buy because they will need to cover way way higher with 26 million shares and no selling volume.
3. They are basically stuck here and...
A. Can't get out
B. Can't short enough shares because of low volume and they aren't available so they can't cause a panic.
4 I think most longs are stronger handed now so we basing out forming new support. This 2.66 2.67 is the battleground. In my opinion something is going on behind the scenes here. The range is tightest it's ever been. There's a going to be a big move here let's hope it's in the longs favor.
5. Shorts running out of time. By the time Monday comes along the trial could've filled another 12-16 patients towards completion. That's only 74-78 total left while the review board can take at crack at the 75 percent.
Conclusion.
1. Shorts running out of time
2. Not enough volume for them to open positions to use scare tactics to pressure longs to sell.
3. Not enough shares to short.
4. My guess they stuck so expect another fake investigation or hit piece. If it comes I'll gladly buy more but. Hoping we just go up from here.
5. Reverse head and shoulders someone pointed out.
I'm not an expert. I'm a noone. Consult your financial advisors. Accountants lawyers. Do your own due diligence.
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