350,000 shares, naked shorts on Friday, 12 days to deliver.
It would be nice if Armando had some big hitters on board that could hit the buy button, warrants killed us
Lots of delivering going on, could mean no bad news on the horizon and someone wanted to play a negative earnings call.
Armando just needs to let's us know the batches are good and product is ready to ship. $2.40 - $2.60
No product and no positive advancements gets shorty a winner $1.55 $1.65
You're not going to see that on level 2, go to the finra sho website, all member firms have to list short interest in any stock they short naked.
The largest naked short position I had ever seen over the last year with path was 45,000 so 360,000 is huge. The entity has 12 days left to deliver the shares or the broker has to purchase the same amount in the open market to cover the short sale.
From memory, I do believe that management had stated that all $2.00 warrants have been exercised. Very risky play naked shorting a stock like PATH, low volume and small float. I think shorty is going to burn.
Somebody is naked 360,000 shares and needs to close that bad position. If Armando lets us know that the first batch is good to go, we are up .30 in the blink of an eye.
I don't see a partnership in the future, PATH has a licensing agreement with LTS who is soon to be bought out. Whoever buys LTS will have the licensing agreement and undoubtedly will fund and eventually own PATH
Stay tuned, PATH will make us good money in the next 3-5 months.
Keep dreaming, arbitration is a way the parties can present an agreeable settlement, if no settlement is reached then it is litigated in a court of law.
Keep watching .20 cents by years end.... Merry Christmas
They are the suitors that PATH rejected yet the PATH deal makes LTS a more valuable commodity when they are sold. So who will be the buyer for LTS maybe GSK?
Bigger and better news than you hoped for is coming
I'm holding on through 2014, a little sell off will actually attract buyers that thought they would have to pay $3.00 or more to buy in last week.
No stock ever goes straight up anyway..........
That would be a nice Xmas gift