Right now, GBSN has 10 Mil O/S & 5 million series C warrants to convert. They automatically convert on 1/20. What if I told you GBSN has more shorts then series C warrants to convert? What if I told you GBSN market cap of 15 million is about it's cash level? Shorts are learning on this heavy, but at some point they have to get out.
STRP can easily double from these levels. Management will be holding a powerful CC soon. They own the spectrum, and if they confirm they are in discussions to sell some of it you are looking at at $25 stock in a blink.
DEFENDING CEMP here - STIFEL DESK shares are trading off approximately 30% despite reporting positive P3 data that we deem to be approvable in both the U.S. and Europe. There appear to be some investor concerns re: safety/tolerability (discussed below) – which we don’t expect to materially impact our view of the current market opportunity. We believe today’s weakness is unfounded and we’d look to be opportunistic here – particularly given more late-FY15/early-FY16 data flow and our unchanged thesis on what we still believe to be a $1B+ product.