LOL! I know what you mean. Seems like some of these mm's have unlimited shares to unload. It does look like most shares are being sold so I don't think there's a lot of shorting going on at this level.
Good consolidation going on right now. The shorts know it and they better be prepared to cover their butts. Over 4 Million shares shorted as of 4-11 with maybe a million covered yesterday morning. But I imagine some more shorties piled on yesterday afternoon. Looking for that SHORT SQUEEZE first of next week. jmo
there may be limited down side but that also applies to the up-side as well. supg got the drug approved and the stock went down on the news. i dumped all 25k shares in the pre market. you can hang in if you want but something tells me that this 5 area is what the street thinks this dog is worth. the vast majority of small cap bios that get fda full approval on a drug see their stock move higher... not lower.