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IntelliCell BioSciences, Inc. Message Board

  • surfntravel surfntravel Apr 23, 2014 12:50 PM Flag

    Borrowed shares the only ones selling? Payback time coming up.

    The volume has been higher and price consistent or at least a tight range. So my guess is shorts selling cheap will have to fix that situation soon if everyone is holding pat. And who wouldn't hold this close to a possible windfall. If those trying for cheap don't win soon then we should see some buying.

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    • Unless, of course, the short selling is coming from YA Global or Dominion Capital who both have 'floorless' convertible debentures and they are selling from a hedged position. They don't have to cover those sales on the open market, they just have force Intellicell to file an 8k announcing the conversion. Just like Hanover Holdings did - over and over and over again from May to December of last year to the tune of over 200 million shares.

      Sentiment: Strong Sell

 
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