Jun. 10 at 8:03 PM
$CLNN So a 1.3 million share short position now exists on a company with a 10 million share float, who has zero debt, multiple quarters of cash, who has been green lit, by the FDA, to submit for fast track designation, allowing for an NDA submittal in a matter of months, for a drug worth billions on "one" of mutual possible indications, oh yeah, and who currently trades less than 100 thousand shares per session. How could you possibly cover a 1.3 million share short position before losing several hundred percent on that bet? The only possible way is some bad news no one can legally know at this point, or an illegal arrangement with the company to cover said short position in a structured finance arrangement. Both of those options are not only highly illegal, but both would implicate management, destroying credibility forever. Wasn't paying much attention to this but now watching with great interest nownowanticipationow
