yes. still (amazingly) there is still short interest that will take many days to cover with panic buying. Short players must be reeling . . . there is no way . . . it is not possible they can be doing anything other than licking their wounds from the share appreciation hellstorm AM and Celldex has just brought on them. If they have survived and are still holding short, then they are gluttons for punishment yet to come. Now that Celldex is fully funded and tuned up for success, it will be very interesting to see just how well the share price will perform running on all cylinders flat out for the next 12-18 months. For today, I'll take a new multi-year intra-day and closing high pps.
It is quite amazing as they had near infinite opportunities to cover over the last 12 months. Now they will have to "attempt" to new short at 12-15.00 range. However. given what we know, how we are rapidly progressing , deepening, expanding pipeline. FDA expedited approvals and special designation; partnership, expanding in house MFG facilities, which will require additional, non-dilutive funding, etc.., it is not like olden time. It is a trap. It is quicksand, as this market cap will double, triple. 15.00 will become 20.00 as we near approval and/or additional lucrative upfront payments from partnership (PCYC type). Translation the longer overall picture 3 yrs or less we will surpass 40++