I understand your frustration and share it. You sh
Post# of 154853
My two cents: Most of it is due to the scum (hedges, day traders, and other third parties and their minions) who are short selling the stock and have a vested interest in doing so or wouldn’t be doing it. Added to that are just plain folks who are exercising warrants. The warrant activity may explain some of the selling pressure but not all. It doesn’t explain the non-normal unusual activity in the price charts. Short positions have been rising steadily and now equal 35,982,100 shares per FINRA or about 20 days to cover. This is data from two weeks ago, and my bet is that it is even higher now.
It is not the total shares outstanding that matter either. It is the short position (and the rise in it) relative to the daily volume—and how and when it is applied—that matter for the market manipulation.
By the way, I believe there should be a ban on short selling clinical stage companies. But don’t be surprised by this activity. Market manipulators have been doing this for awhile and will continue to do so
…until they can’t.
We will all REJOICE when that happens. Many have posited what it will take to have price break free such as new data, licensing, partnership, buyout, approval, etc. Pick one or more and you are there. Then those who don’t care about helping humanity (market manipulators) will move on to their next target or go broke. Hang in there, that day is coming.
So that’s my two cents. Thanks for your indulgence. Now moving on to a new topic.
Go Dr J, Go CYDY, Go Long and Stay Long

