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GTX Inc. Message Board

  • samyo1 samyo1 Sep 13, 2013 12:18 PM Flag

    Short Squeeze Commencing

    From the SA article:

    "...Anyone who has followed me knows that I've been patiently waiting for a short squeeze. Based on Wednesday, it looks there might be some drift in that direction. I hope, and think, this may portend a momentum change. Some analysts interpret a large short interest as bullish. Shorts now control a third of the tiny float, so when they decide to cover, with limited shares available, PPS will be driven up. As noted, two board members have recently sopped up some more of the float. At this point, the wise course is to cover. So I reiterate a Strong Buy for GTx at these bargain prices; and, for shorts, do yourselves a favor and think about closing your positions."

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