15% TuesdayThe cost for shorters to borrow PLI stock jumped to 15% today, the highest level we have ever seen for this stock.
Cost to be short this stock is climbing along with the share price all while Tension is building to cover
The otc and tsx short data lag 15-30 days....so we have wondering how much has been covered on this bounce back. The fact that the cost to borrow has gone up 5 X in three weeks tells me the shorts have their asses hanging out here....
.....The likelihood of a financing is fading, all while deal anticipation is increasing....along with the likelihood of further positive clinical trial results and FDA approvals
this is a great setup guys. Ignore the noise and stay long