RE:RE:RE:expecting news on the covid trials soon. Shorts When I first bought into MPH, I just wondered who had the call sign Miles Per Hour. Bought in at I think 3 cents. It got consolidated something like 20 to 1, so no shares O/S at all it ended up being a 53 cent stock, and once things rolled this was at $10 a share, before they started clawing back the share numbers even further. My worries about share buybacks are always if they buy back shares and then have corporate raiders come in and issue shares to themselves to replace the shares they bought back. Hopefully we dont see that, since the company is small in comparison to the big giants in the game..........
carrot50 wrote: Me neither
As of Jan 15th there are 96000 shares shorted
One good buy in day and this thing could be plus $3 for any various reasons
The shorts woud scarmble then
The company could do the buying themseves if they wanted too