RE:RE:RE:short interestI hope there is a huge short interst.
Nothing better than a good old short squeeze.
300,000 shares is very insignificant.
none- the- less, with recent volumes being quite low, could have an effect.
Would be small.
More importantly, much more importantly we need an update of significance, before the scheduled Thursday Q1 update.
Many things on the go. I advise Anyone unsure of what Onc is about, visit the corporate presentation, on the company web site.
Mutiple pieces of information coming due. Anyone of which would result in rapid share price increase.
Shorting ? Not very good odds of $$$ gain.
As with any stock price, there is a downside.
however with an analyst consensus prices well above $6 ps.
even the lowest most conservative has a price of $3ps.
The Nasdaq fair value indicates $4.+++.
Those numbers are extremely cautious & based on assumptions that are expected to happen.
RBC for example includes an upside of $18ps on start of phase 3 and/ or a partnership.
Depending on parameters, a buyout , we have discussed. Any price could pop up.
My point?
shorting has an unlimited upside, AKA huge loss for the short holder.
yet, minimum down side.
short- away, I look forward to the future. Seeing some shorts, loose their pants lol