Goldman added about 100k shares last quarter as well. Very small as far as their holdings go but hey, it ain't a bad thing.
Down to 6,946,268. First time since September 2013 that it has been below 7,000,000. The trend is in the right direction and I suspect that the short interest is even lower today after that FBR piece.
FDA has to make a determination by that date. They also have the ability to push the date out or make the decision early. They usually hit the date or announce early. Usually is the key word.
Don't count on it. The long analysts want opportunity to get cheep shares. If the long analysts start pumping a bunch, watch out because they might be pumping to dump their shares.
To be honest, I have no idea what your position is. I've never met you and don't know who you are. People misrepresent their positions on these boards all the time. All I know is that this FBR piece comes out and the board lights up. Some folks are short, some are long. Some want to go short, some want cheeper shares. That's all anyone can say for certain.
Issue 10,000,000 shares at $10 and you got $100,000,000. Not huge dilution, not by small cap biopharma company standards. Not a big deal. Go away.
Yeah, the trial was set up for the patient safety. If the HBG gets out of a range, either too high or too low, they need to interviene and the patients transitioned into open label. A lot of the patients HBG went outside the upper range of the the HGB limit and so had to be transitioned into open label so they could make adjustments to their iron treatments to keep HGB in safe range.
If you put a limit sell order in way above market, your brokerage firm can't lend your shares out to short. I've got good till canceled limit orders to sell RMTI in at $80/share. And hey, if for some silly reason it gets to $80, I got no problem selling.
I think a lot of shares were shorted going into the phase III resutls. Happens a lot. Many funds blindly short these small cap bios because EVERYTHING FAILS. So it's usually a pretty safe bet. But Triferic didn't fail so they got to minimize their losses here.
Yep. Like reading chicken bones with these small caps. It's held up well though. I think the number of shares floating around has decreased substantially (i.e. a most of the shares now are being bought and held). I think this was partly to try to cover some of the 7,200,000 shares still short before the PDUFA next January.
Well, it got down to $10.02 in pre-market. I thought it would tank lower. There is still trading day left. But it seems as though this hit piece didn't #$%$ too many people.