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Galena Biopharma, Inc. Message Board

  • docihi docihi Feb 21, 2013 2:44 PM Flag

    trupatriot, please explain

    no, the short interest number has not been "rising every month". that is a lie that can easily be checked on the "NASDAQ website". regarding your enlightenment on the 1/31 short interest - from 1/15 to 1/31 there was an 11% increase in short interest. furthermore, the 1/31 data was available to investors on 2/11. investors took that information and starting buying, increasing the pps 11% as of yesterday. today starts a typical pull-back.

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    • docihi: with all due respect, Short Interest has increased significantly during the past several months. BUT, what this means to those of us who are Long GALE (including my positions) is that the Sharts will be scrambling all over one another when it comes time to Cover those short positions. Being Short can also be interpreted as being Stupid!!! Might also mean they (the shorts) are increasingly Vulnerable and more Desperate than ever before. Remember, we who are Long will, from time to time, choose to purchase more stock as we await Phase III results. They (the Shorts) will, from time to time, sell more stock they don't own but only because they're as convinced of GALE's demise as we are of GALE's success. We Longs can only lose the max of what we've invested. They (Shorts) are subject to losing a heck of a lot more as/if/when GALE might prove the viability of NeuVax during Phase III Trials. I'm not "nervous" being Long GALE. They, on the other hand, are extremely nervous at this juncture - fightened little piggies about to be shipped off to market!!!!

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