Think they might get upset and throw some real money at it soon. Naw, these guys are on life support. About to advertise on Craig's list for some short help. Remember when they used to talk about three bucks. Don't hear much about that anymore. I'm not afraid and I'm not selling. Not going to miss this short cover for anything.
ocean that's it in a nutshell. unless the market melts down and takes every stock with it including SGYP these guys are just going to have to cover 100K shares a day for the next 3 months to get out of the hole they've dug for themselves
bottom line is they only have a few months left before the IBS Phase 2 data is released. oh man is that going to blow the shares past $8. Once the IBS data confirms what we've already seen in the CIC data, SGYP goes into full steam take out talks as Big Pharma will want this locked up on the cheap vs waiting for approval and paying $3 BBBBBB-illion for the company!!
That's what I'm starting to see. I really do think they're in big trouble. The worst thing they can do now is to get in deeper. So, of course, I invite them to do so. This should be six bucks right now. Remember when Cerrone bought in at $6. Offering was at $5.50. The offering was priced at a discount remember. Today was all shorts all day. Think they're dividing up the day. One group brought it down in the morning and kept it there, then ran out of ammo and coordinated with another group that took over in the afternoon and tried to make a big push at the end of the day. This was an expensive day for them. That's what I want. If you want to own it shorts, your going to have to pay for it.