We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Immunomedics (IMMU) - moderated
IMMU 85.26+0.1%Sep 24 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rodneyh07 who wrote (45914)4/26/2018 3:40:12 PM
From: idahoranch16 Recommendations

Recommended By

and 1 more member

  Read Replies (1) of 58464
There is little doubt in my mind that the 10 million shares of warrants that expire in Nov (If memory serves me) at $3.75 were shorted and are going to be there until expiration. But that leaves a lot of shorted shares unaccounted for. Some could be associated with the $100 million financing (convertible bonds) where 80% have been redeemed, so $20 million worth still out there for a couple more years. Then there are the shorts who are simply short and that’s the unknown. Personally, the more of the number that are those, the better. There will be a day of reckoning for those in the not to distant future and that will be a fun day for us. Could be a couple of months or could be on AA.

I don’t concern myself with the shorts anymore because I firmly believe we have a management team in place that is going to tranfer the pain of owning this stock from us, to them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext