21,791,371 shares short up from 18,201,840 just 2 weeks ago
More than double the short position of last year
At an avg daily volume of 3,286,937 it would take 6.629689 days to cover if the shorts were the only ones buying..........which would not be the case.
This proves the manipulation and the downward share price............if the extra 4,000,000 share were not pumped into the market in the last 2 weeks where would the price be now.
What happens after another announcement of a significant deal...........do they short another 5 or 10 million shares. This gets crazy........My brokerage house shows no available shares to short so I wonder how they do it. Is it naked shorting or some other way...if you know please tell me.
I agree with Mr. Jasper when he says these boys are no small pickens .......they don't go down easy and they don't like to lose...........Maybe Minn. Farm is right when he says the retail shorts will be left holding the bag.
The analyst at Griffin securities is an expert in the Medical Field and I chose to believe him when he says the price is going to 13.50 within a year. 2014 will be an interesting and profitable year for Unilife!
Happy New Year!