They are the only co which has a working product...they are getting funding to increase scale soon.....This is a billion market over the next few years, as other mosquito carried diseases can be wiped out in S.A. and Africa.
The short interest is also going to fuel the upside/
They can pump it at $35 at E.F. and about $40 - $45 at the rest, they reduced G&A costs about 20%, and they have no short term maturing debt.....As oil is heading back to $50 in the second half, this stock may offer the best returns short and long term.
This is a $6.5 stock by year end.
I now own the stock at an avg price of 3.2 and hold thousands of 3.5 calls!
I also closed my qqq short and bought AMZN, GOOG, AAPL QCOM BTE BP TOT in the mid day.
There you have it.
Demand is going to ramp up in the second half and accelerate next year. Oil back to $45 by year end........
Shorting at these levels is pure madness!
It will only take a $3 jump in crude to see this trade at 6.