PINL:GRPOF - Post by User
Comment by
Davesnothereon Mar 16, 2021 12:15pm
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Post# 32807893
RE:RE:VERY SMALL SHORT POSITION: JUST 3.29%. GREAT UPSIDE
RE:RE:VERY SMALL SHORT POSITION: JUST 3.29%. GREAT UPSIDE100 % with you brother !!!
PANAGONINVEST wrote: A very small position means that The Market believes downside from theses levels is very unlikely or almost De-Risked which I believe is a very bullish sign. Also I am neither concern about the Share Structure nor I believe a reverse split will happen because:
1) Catalysts and upside potential from these levels are great,
2) Downside from these levels is almost De-Risked,
3) Warrants Outstanding are exercised at price range of $0.21 to $1.30
4) Stock Options are exercised at price range of $0.20 to $0.71
For me this is a great buy from these levels up to $1.50 and then hold for a multibagger that could be very big
I DO NOT think a reverse split is going to happen NOR I think is needed. I'm just giving my humble opinion. Also, if and when TBP decides to up-list in NASDAQ maybe the share price would be high enough for as long as needed to fulfill that requirement.
The most important thing now is for the company to consistently execute and unleash all its potential. I am a big believer in this story and I am very patient because I am neither a daytrader nor I get into debt to invest..
Always remember some guy said "The stock market is a device for transferring money from the impatient to the patient" Remember we have been big beneficiaries of the last sellout after the last PP was announced which have allowed us to buy at this very very attractive low prices. GLTA PANAGONINVEST wrote: As of March 5th, 2021 TETRA BIOPHARM (TBP) had only 9,699,782 Shares shorted whoch represents only 3.29% of the 295M Shares Outstanding.
https://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/consolidated-short-position-report.aspx
100 % correct brother !!!