Someones putting on a huge short on NEON...every 2 weeks, data shows several hundred thousand share increase in short interest.
Also concerning is insiders selling a ton of their shares in the last secondary offering.
Something feels fishy here.
Every single bounce being shorted right into and followed by new lows.
Not it looks like institutions might be dumping.
Very concerned here as a long. Gut says we might get to add some shares here in the $3s by the time this short is done.
You wouldn't make that statement if you were truly long...nice try though