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Post by dreamboatcruise on Mar 16, 2016 10:59:12 GMT -5
I think he expressed that they don't want to issue more shares with the price where it is, but I don't think he has every stated directly or even implied that a secondary offering is off the table. Of course I will be labeled a short for this but my other thought is he is trying to drive the price up on sentiment. Get shorts to cover in order to dilute. I think he's actually said he's wanting to drive the price up on sentiment before considering dilution... granted not said in exactly those terms. Of course he positioning it as sentiment driven by actual progress in demonstrating Afrezza as a viable commercial product... and is not ruling out that other sources of funding may be available to extend the period of time before any dilutive offering is done, if at all. And with a handle like "reverselo" I'd just assume you go back and forth from long to short on a regular basis  |
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Post by Deleted on Mar 17, 2016 9:41:10 GMT -5
Of course I will be labeled a short for this but my other thought is he is trying to drive the price up on sentiment. Get shorts to cover in order to dilute. I think he's actually said he's wanting to drive the price up on sentiment before considering dilution... granted not said in exactly those terms. Of course he positioning it as sentiment driven by actual progress in demonstrating Afrezza as a viable commercial product... and is not ruling out that other sources of funding may be available to extend the period of time before any dilutive offering is done, if at all. And with a handle like "reverselo" I'd just assume you go back and forth from long to short on a regular basis Long or short I am not feeling well selling at $1 now that its up to 1.75. Looks like the squeeze has started but how far it will go is another story. |
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