Sure, it is going to be that way!! Which fool is going to sell to-day? The buy orders will clearly prevail except someones like Maine who do not like Asteria shares and BTX warrants. The latter guys will take their profit and buy back at the low again.
The company is saving cash, of course, by giving the options. However, the members' willingness to accept the options at current price also indicates that they think that it's a good deal. The future of the shares per their perception must be good and that's enough for smart WS guys to accumulate.
It has to be the date of record and, hence, settlement date and not date of purchase.
It shows that the management members now see lucrative future for the shares!! Hold being lifted or something else positive!!!!
I sent an e-mail to Senator Feinstein, giving strong arguments on the incomprehensibility of the FDA action, within a week after the hold was announced. No acknowledgement! And, perhaps, no action by her! Is she too aligned with vested interests? If so, she should take a lesson from the words of Mr. Modi, the PM designate of India, yesterday, to the nation's parliament, saying the parliament building is a temple for the service to the 1.2 billon people and that the nation should be treated as your own mother and, hence, each parliament member should consider his/her privilege to work for the mother by spending each moment of his/her time dedicated to the true national service!! Unfortunately, a lot of our Rep's and Senators treat the place as a platform for their selfish or plainly party interest!! What a shame for once a great democracy?
Maine, do you have any better guess or even a suggestion? This a Yahoo board and not a scientific conference; it's where you post your thoughts and not theories!!!
to grab more by manipulatring retail monkey traders to drag the SP up and down. I will not be surprsed that by 28th this month the institutional hold will cross 60%. I suggest those holding long, must not part with their holding and, if you can, add more.
kj, I was surprised that an author like Nasser would make such a gross mistake! The shorting is certainly and primarily by hedge funds and other institutional traders and they must be doing so in cooperation with the MM(s). If, in reality, less than only 25% of the float is available for trading, 25M in short by retail traders?!! Only a fool will believe that!!!
Guys, dogs do have habit of barking!!! One such dog is barking at any thing he foolishly can not stand!!! Let him do his barking, because those who know you know well to ignore the barking dog!!
Precisely!! The short situation is created by the WS dogs with the help of the MM while grabbing the shares cheap to raise their level of holding!! These crooks may have blessings from the politicians who apparently influence the working of the SEC. Geron management and the FDA may have helped, directly or indirectly!!!
The FDA may be suspect in its action for the "complete" hold just to delay licensing of Imetelstat under the influence of large pharmas or specifically the Jakafi lobby. I can't see any other reason!!
Looks like they quietly exited having learned for sure that Scarlett is NOT going to be able to fulfill what they may have expected from him! It's the effect of frustration following Scarlett's presentation yesterday. But, what if a storm appears suddenly while in silence?!!
Even institutional holders can be shorts and may make up a large %ge of the total shorts.