my intentions are to be completely out by tomorrow........There is no way in my opinion this stock will rise with any long term consistency, having a high short interest. My opinion is FMC is completely behind every bit of this. I wanted to start a new proxy vote but no one was interested. FMC cannot be trusted and I have decided that's not a company I am willing to invest in any longer. I have no idea what will happen here, however I believe being to heavily invested is a mistake.............I have invested in PGNX, PZON, HZNP do your own DD......wishing everyone the best.............Al
I know as we all do that the market is down and possibly heading toward a correction. That being said, if the shorts weren't so entrenched into this stock we would not be at this level. They are criminal in there action as I believe an organized manipulation of a stock is illegal. We can of course pass part of this blame onto the current management of Vivus as they, by their silence allowed the shorts to completely control this stock. Perhaps FMC themselves has shorted Vivus although I have no proof of that, only that it's a possibility. FMC has lied to us with the proxy letter and since the takeover has kept us uninformed on almost everything that has happened. They in my opinion are untrustworthy. Vivus has 2 wonderful products with nobody to manage them........SAD........JMHO Al
It would seem reasonable that FMC would try to issue some kind of positive news to ignite this stock since there is some upward pressure, however they haven't said one word........Why do you think that is?
yahoo will not let me copy and paste the rest of the article....you can if your interested go to investopedia ..........al
generally very difficult to predict the stock's future price movement because the reasoning behind shorts is never completely clear. generally very difficult to predict the stock's future price movement because the reasoning behind shorts is never completely clear.
Short interest is a measure of the amount of shares that are currently being shorted compared to the amount of tradable shares in the market (the float). It should not be relied on as a great signal to buy the shares or a signal to join the shorts; however, underlying fundamentals or technical indicators can be used in conjunction with short interest to formulate better shorts or buys.
What percentage of a company's float can be shorted?
By Investopedia Staff on April 21, 2011
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The quick answer is that the amount of shares shorted can actually exceed 50% of the float in a company. The percentage of shares shorted compared to the float is referred to as the short interest. It is calculated by taking the total amount of shares shorted and dividing it by the total amount of shares available for trade. For example, if 5 million shares are shorted and there are 20 million tradable (or floated) shares, the short interest is equal to 25%. In this example, the maximum amount of shares that could be shorted would be 20 million shares. How is it that the maximum amount that could be shorted is equal to the float? The float is simply the amount of a company's shares that are publicly owned and available for trading, and tradable shares can be borrowed by short sellers.
With the rule changes on shorting a short squeeze is difficult. My questions to anyone. Is there a maximum number of shares that can be shorted and is it based on total shares or the float? What single event do you feel could cause a sort squeeze? thanks Al
You are making excellent points.....enjoy reading your post...........Question......Do you have some stock recommendations...$5-$10........thanks.......al
Actually SHEN I'm going to answer you civil even though you deserve NO respect for a lot of reasons......This high short interest is an indication that someone want's this company bad. They are taking a risk especially if one, two or even three companies step to buy Vivus, apparently they feel it's worth it. This could cause a huge squeeze,,,,,,,,,just my opinion......al
The question is.... why would there be 3.5 million additional shorted shares on a $5 stock?
The dates used to record the shorted shares is from 5/30 to 6/13. This is the time frame that Aspen announced a buyout of $6 + per share. Obviously they alone would have an interest in keeping the stock below $6........I would bet whoever shorted during this time frame is the one interested in purchasing the company.......I don't know of anyway to find out that information......also there was some unusual option action since after this period, all related in my opinion......Al
Schwab has raised their rating on Vivus from "D" to "C" . This was done on 6/6/14...First time in many months. Also they don't allow any shorting on the stock also a positive.......Al
I disagree............I want contrave denied approval......I want Belviq removed from the market as it should be......a absolute failure as we know it is, and those that committed a crime to go to jail along with SA who has absolutely misled shareholders........JMHO
There will be other competitors soon enough. I want FMC removed from Vivus as they are themselves guilty of misleading shareholders, told absolute lies on their proxy letter to shareholders (read it again) unable to manage this company and are only interested in their own pockets........JMHO.......... I want the shorts out for their manipulation of this stock. .........I want the stock to reach $20 so I can say goodbye Am I asking to much......I hope not..........al
It's amazing how time and circumstances has changed our thinking . We have all accepted mediocrity regarding Vivus when in fact the future has many positives that could reignite this stock. We have all discussed the effects of additional insurance coverage, especially Medicare/Medicaid coverage which could happen later this year. What about European acceptance of "Q", a huge catalyst for this stock.. I think we all agree stendra will become a player in the ED market. I believe "Q" will continue to lead the diet pill market even with contrive entering if approved. It's not hard to imagine "Q" exceeding a million scripts this year or certainly next. A change in mgt. would of course be a catalyst of epic proportions. Personally I believe the stock should be at pre takeover levels today. JMHO
I hear you mooky. If FMC had any credibility prior to the takeover, they have lost it all now. In fact FMC has destroyed their reputation as an investment company in front of the entire market. I've always believed FMc could care less about Vivus or it's products and their only purpose is to further the goals of FMC and it's investors.