I just received an offer from Schwab requesting that I loan my shares of CYCC for a fee for shorting. Fat chance! The shorts may well be running out of ammo, with enhanced prospects for a short squeeze. Please make sure that you have a GTC order in to sell your CYCC say at $15 which theoretically should prevent your shares from being used for shorting
Sorry, but I fail to see how this shows that shorts are desperate. Seems, if anything, that uninvested CYCC watchers want shares to short. Let's face it: SEC does nothing to force uncovered shorts. Reg-Sho is a joke. With regard to CYCC, I can see no rationale for your statement. Please explain. TIA..