RE:Current Valuation/Outstanding ShortsXstorm2 wrote: We are holding a decent valuation considering the short attack and recent dilution form the last PP. Pre Covid-news could have had us trading 0.025-0.035.
Still millions to be covered on the short, yet they are exiting in the 7-8 cent range, a good indicator they no longer feel 2-4 cents will happen. If news breaks before they cover, the squeeze will really push us up. 7-8 cents is our new low.
My thought is, they will use the squeeze on positive news to find a new all-time high. As their will be no resistance at all. Setting up the next short, which will be extensive.
Valuuation on positive news throughout Clinical trials? A world wide reaction... I don't imagine Pfizer or JnJ let it slip through their fingers.
August 17, 2020:
Xstorm2 wrote: Still millions to be covered on the short, can only go up!
Hey “Xstorm2”,
Nice to see share price @ 7/7.5/8 up from the lows but
IMO still way undervalued.
Those shorting NSP over the years love the stock…its “
wash, rinse, repeat…” for them.
| Date (2 weeks ended) | Short Sale Trades | % Total Trades | Short Traded Volume | % Total Traded Volume | Short Traded Value | % Total Traded Value |
| July 15, 2020 | 5 | 2.294 | 15,099 | .623 | $755 | .605 |
| July 31, 2020 | 718 | 14.294 | 9,902,749 | 17.478 | $1,078,535 | 18.979 |
| Aug 15, 2020 | 16 | 2.721 | 77,421 | 1.664 | $5,361 | 1.682 |
Date
(short total as of) | Number of Shares Shorted | Net Change |
| Aug 15, 2020 | ????? | ????? |
| July 31, 2020 | 1,652,243 | 1,625,763 |
| July 15, 2020 | 26,480 | -47,780 |
From July 16
th -> 31
st short volume reported was 9,902,749, with the net change in shorts outstanding @ July 31
st of 1,625,763 so 8,276,986 (9,902,749 – 1,625,763), 83.6% of the short volume was covered within the same period.
I am assuming of course that most of the short trading occurred on July 29
th on the run up to a high of .14. Notice that most of the SH posters that
news day are gone for now. Anyone else
wonder why it stopped at .14?
Anyhow, we should know any day now if the shorts covered!
*****
100% speculation: -
most who bought the bulk of the
.085 PP have cashed out by now – only holding .12 warrants
-
some who bought the two .14 PP’s (
1,
2) have cashed out by now – only holding .21 warrants
-
some who bought the two .14 PP’s (
1,
2) bought into the .035 PP, averaged down – holding .055 & .21 warrants
- looking forward to next news day run as may not stop at .14
Just random thoughts of an old guy spending too much time “Living in the sunshine”!
;<) *****
Never shorted a stock and agree with some of “
Vesta63”, “
Flacker” & “
a7833” comments.
***** Be safe! *****
“Living in the sunshine” Always DYODD DKM The Short Sale Trading Summary Report prepared by IIROC shows the aggregate proportion of short selling in the total trading activity of a particular security, based on data for trades marked “short sale” supplied to IIROC by each marketplace monitored by IIROC. The report is produced twice monthly, for the period from the first to the 15th of each month and for the 16th to the end of each month.
Regulatory oversight is centralized in IIROC, which monitors all trading activity at Canada’s five stock exchanges and eight Alternative Trading Systems (ATS) and all debt trading carried out by its member firms and individual traders.