on January 15, the reported srpt short interest was 3,485,601 shares
one month later, on February 15, the reported srpt short interest was 4,124,814 shares
that is a whopping 639,213 share increase
and based on the constant lean on the stock during any bid lull, I believe the short interest as of today is either the same, or higher
effective with today's close, EVERY share shorted during the above cited 1-month period is now materially under water (i.e., negative)
if the larger shorts in srpt are anything like the larger shorts I have seen countless other times where they "got surprised", their first line of defense will be to attempt short their way out of their mess
if you are long srpt, this will be the dream
today was obviously spectacular anecdotal evidence
but it was NOT direct evidence on srpt
do you want to see a short squeeze of biblical proportions (hi bud!)?
here are the ingredients:
1. our short friends try to short their way out for the moment
2. the company timely comes with any form of material direct news, such as 74 week dmd data, dmd partnership, or confirmation of FDA dmd meeting during Q1
mix those two together at the right moment, and you will no longer think about October 3 as THE watershed event
cuz you will have a new one
this thing is lining up for a baaaaaboooooooooooooooom
and if you think the shorts are too smart bla bla bla, what would you have said if I told you they were gunna short another 640,000 shares heading right into the FDA cycle that the entire world knew was coming?
Just think..if I was CEO o would have a news release asap to address my drug differences and my safety profile and use this for our advantage .it is not like we got slammed so many times for nothing. A update would be professional.