Your guys are clever! You definitely won't miss it that way. Probably wear two condoms at a time too.
It's a joke you dummy! They're selling to themselves to keep it down in this final push before run-up! Clearly, you have an underdeveloped intellect to have missed it.
Did you see that 130,000 share dump this morning. Clearly, they are near the end. I would buy more here if I had not bought a ton last time they had us here. UNSUSTAINABLE! Things are going to turn soon. Load up while you can or you'll be crying.
Sorry these paid bashers (don't actually own a share and are not short) are polluting my threads. I guess they figure others read me and are trying to get exposure any way they can. Please simply ignore them.
Funny thing about it is that few even read this board. Longs have been posting the short story for a year here without impact. SA writes a single article on shorts and suddenly everyone gets it. All the groups short posters are here now. They know that we're heading into a run-up situation. Their posting is one of my favorite leading indicators. We don't have regular resistance levels, we have short resistance levels -- $3.87, $4.20, and full blown war at $4.50. Wonder why we only track with the IBB when it goes down? Shorts. No bid support lately at all. It's far easier for them to hold it down than to bring it down. They're trying to conserve shares here for the upcoming battles and war. Retail needs to help Cantor by buying here and making them expend valuable shares they are conserving for later. As for me, I'm praying for good sp333 data.
I'm trying to figure out the impact of positive sp333 data. Unlike IBS data, which was kind of a subset of CIC data, sp333 is an entirely new compound. I reason a positive sp333 data release should have more of an impact than IBS. Thoughts?
Next four months are crunch time for shorts. We all know the set-up for both sides. Waiting to see how it all plays out. GLTA. $3.87 is first fight; $4 is the second, and $4.50 will be the big war. Shorts still have shares from their last raise. Hard to tell how many shares they still have left, but I would guess about 1M. Then they have to raise. Both sides are looking at a raise in the same time frame if you ask me. Should be interesting.
Please explain how longs buying shares in the $3's has helped you. Just wish you were burning up more shares here to hold it down. Longs here are understandably frustrated, but patient. Beware. That dark sense of foreboding you are feeling is the big boys positioning themselves. They are coming for you. Just not here yet. Soon.
Thank you Beton. Finally, what investors and longs really need to know and hear.
Finally, someone writes an article about the shorts here. Apart from the great data, they are the story. Shorts keep saying that long posters here don't get it and that shorts are making money hand over fist. Not! This article validates the longs thesis. I could have written it. I agree with others, let's keep this up top. Shorts have some very expensive work to do in the near term. As the number of short shares rise and their basis goes down, their position becomes more and more unsustainable and tenuous. They're tightrope walking now over the Grand Canyon. An updraft will be life ending event for them. Good luck longs.
That the recent announcement, in consonance with what I have been saying, only highlights how badly the shorts mistimed their many earlier bring downs. Further, it means that they must continue to hold the stock down for at least another four months through our sp333 OIC trials results at great further cost. That's a long time to continue to hold this down. Let's see how Cantor and the shorts deal with our November data read. Think they will need at least another 2 million shares to do this. As well, the big market may not be so conducive to their position and desires in early fourth quarter. As always, it will be interesting to see how this plays out. Finally, although we all want to crush the shorts, if we don't, we only need 50 million bucks and raising here would cost us a mere 3-4 million shares. We'll be fine no matter how this cash raise turns out, but it's life or death for the shorts. This will not end until this issue is resolved. My best to all longs sent from Umbria.
Remember, they haven't covered until the last share is gone. That last five million shares should be killers for them.
Aany, keep getting the short word out. Remember, we're on for lunch when this is over. My best.
Things aren't working out for them at this level. This helps when they have trouble covering during the day. When they don't sell shares to themselves, volume drops and with no one else selling, intra day covering is very difficult. Good luck longs. I'm off in an hour.
Bought last at $3.43. Think I'll whine for now. When my order was filled it was all in 100 share lots. Pages and pages of 100 share lots. I even got one share lots. Clearly bought when HFT shorts were bringing it down. Delay present gratification for future gain. But now that you mention it, it is really a good time to buy. You guys are almost done here.
We know. And they're all your own shares that your buying. Stop it and other will come. Only the bravest buy in the middle of a bear raid. But I'm sure you know this. The second you stop selling and the price goes up, people will buy.
First, you only borrowed two million at six, but sold them all the way down to $3.50. Second, There are still 14million other shares with a basis around $4. 16 million in at $4.50. Third, you have never covered, nor will you this time, because you can't. Hence the "trapped" moniker. Your only hope is keeping it down until we need to raise cash, then trying to cover. What a thesis. Try arguing it in the open. See how much support you get. You're all alone on this one. By the way, since you guys aren't short, who's holding those 16 million shares? Trust me, the price will go up as magically as it goes down when it's time to raise. Then you're all toast. Looking forward to that day. But not being a child, I'm able to forego present pleasure for future gain. Time for you guys to grow up.
Also, this last run is coming to an end soon because they can't cover intra day down here. Just look at the chart. Too bad fear is a more powerful emotion than happiness. But it only works on the shortsighted.
Only a short trapped with 16 million shares would even consider shorting this at $3.53. Frankly, any other shorts would be terrified to short this down here just in case you guys decided to cover a bit. You know you can't trust shorts, they lie endlessly. Times running out, but I know you guys like to live dangerously. You should try BASE jumping. Gives you the same thrill as losing all your money, only with death at the end. Keep working it, and pray we need cash soon.