There will be an indictment at the last possible moment once the DOD is warned that Trump will clean house due to their inability to hold high-ranking officials to the same standard. Term limits will also be instituted to prevent future live time criminals such as the Clintons from scamming the democratic sheep.
With the price at $7.25 and the average daily volume at 212,000 for the past 15 days, the margin calls alone on the 9,339,000 shares shorted will cause this to be at $8 within a few days. I was predicting $6.75 by the end of the month. TLGT is on every platforms radar. All we need is a drug approval and this could double overnight.
Read the question. I short many stocks. You make bad assumptions that contradict your position. TGLT was placed on my thinkorswim radar on 16 March and I began accumulating on 21 March. The que is packed and the possibility of a huge short squeeze is significant. Opportunities like this don't come every day.
Stupidity, they are stuck. There is not enough volume to make a dent when they are forced to cover. There should be another drug approval shortly and several more this year. Once the reality sets in (because ETF's and hedge funds are accumulating) this squeeze will be outrageous. I expect $6.85 by the end of the month but it could actually happen tomorrow. We will see new highs by the election and then all stocks will dive if Hillary wins (democrats can't afford stocks).
TLGT short position has increased in the last 15 days making it the 44th highest shorted Nasdaq stock. 26.9% of the float. I'm revising my price target to $6.85 within 30 days. It was $6.55.
Shows that it is the 45th highest shorted Nasdaq as a percentage of float. Nasdaq is due to report 5/15 position. There has to be a huge squeeze in the new term. With 27% of the float being shorted, we should see $6.55 within 30 days.