Shorts are playing Russian Roulette with 5 bullets in the six-shooter's chamber.
Shorts, What are you going to tell your wife when she notices you blew up the retirement account shorting Celsion?
Worst of all when the pps explodes and blows up short positions and obliterates your childrens' college funds how are you going to face them? What will you tell your daughter when she gets accepted to Princeton University? You promised you would pay her college expenses. Will you have the guts to tell her you threw it all away and she must go to a community college? It costs $55,000 per year to go there. A second job at Mickey D's is not going to cut it.
What you can do is cover and go long and recoup your losses. Don't be stubborn and bull headed. You only have one chance to help your kids.
Bro, this stock has been so pumped up and manipulated on no news and burning cash, probably trading about 4 times it's actual value, that it has no where to go but down. If the results are miraculously a success, longs will get to keep their money. That's all! Probably hover in the same range until the company needs to dilute to get some cash. When the results fail though, the stock goes back to $2 for 6 months while people await the next pump and dump cycle. It is a no win scenario for longs most likely. Don't fall for that sort of manipulation bro! Save your money a find a winner. Peace.
When stellar results are released the Hisun deal will be put on fast forward and $100s of millions will soon be filling Celsion coffers. Then a flood of new partnership and licensing proposals will ensue.
Bottom line, any pullback at all after the initial 200% spike will be minimal and short lived. More likely quantum spikes will follow initial jumps in price.
If the results are good, Celsion will be collecting 25 million $$$ upfront from Hisun, along with another 100 million $$$ over the next 18 months in milestone payments.
If the results are good, there will NEVER be another dilution.....
Also, if the results are good, there will be MORE of these partnership/distribution deals signed , in Europe, Eastern Europe, Japan, Korea, other parts of Asia, South America, Israel, Turkey, etc etc etc ......you get the picture? Hundreds of millions in upfront payments, and milestone payments, for the FIRST approved indication, with MANY MANY more new indications and NEW encapsulated drugs to follow.....
If the results are good, how will the 7.5 million short shares cover with only 35 million shares outstanding? And, there are 21 million shares owned through call options! What if some of those convert and get called in? Where will the 20% of float short interest be able to buy back?
If results are good, youwill have unlimited losses to wake up to......