If you were right, wouldn't you think the stock would be falling shortly after the open? The stock has held up well during the day today (and previous days as well). Besides, why short a $2 stock? There's not much upside and a potential for an enormous downside. The dilutive capital raises are done through commercialization so you can't really hope for that to happen again.
I hope the per post pay for bashing is lucrative. The shortable shares argument is pretty dumb. It just means shorts could borrow the shares. That number will be big for almost any stock.
shorts can buy and cover intraday. Those shares don't get picked up by the gross monthly stats at brokers. There are 1/2 a million shortable shares at Fidelity Inv right now. Just waiting for this sucker to top for the easy money!!! ROFLOL
The main reason we had pull backs in the past was the the Compnay had to raise money.. it did two raises in February and April which caused the share price to pull back. But anyone who has done 5 minutes of DD KNOWS THAT NOW THE COMPANY HAS ENOUGH CASH ($40M) To go to commercializations so no need to raise any more money. AND THAT IS A MAJOR BREAK FROM THE PAST.
COVER SHORTY, $3 will be here sooner than you think.