RE:RE:RE:RE:InsidersWell this is the result of the outstanding work of Leah during the entire 12 months at THTX using her 20 plus years of corporate experience to find these traders then our genius housebound CFO finalized a blockbuster deal and presented it to our skilled negotiators and shareholder friendly board to approve it. Why didn't they allocate more bonuses to themselves since they managed to pull off such a miracle?
palinc2000 wrote: My theory is quite simple....Some warrant holders are happy to make a quick 30-35% profit by exercising the warrants and selling the acquired shares....In order to make sure that they get exactly the expected profit they short the stock and a few minutes later they exercise the warrant and cover their short a few days later when the shares acquired with the warrant are received in their account....
scarlet1967 wrote: I would like to know who is intraday shorting the stock. The short volume was averaging about 20% for quite a while but in the last few days we had sessions with over 40% of total trading volume and the volume has been historically low. The short interest for THTX on monthly basis almost were some 40% lower so these are traders/penny chasers who short the stock and cover it in the same session or following sessions.
Again the company needs to create narratives for investors and not traders to buy the stock for a medium to long term returns. So whatever plan they are working on they need to put it on action ASAP. Recall one of the reasons for the offering was a market correction well if they believe that's the case then get the plan going before the presumed bear market.
Market Date | Short Volume | Total Volume (MM Shares) | Short Volume Ratio |
2021-05-27 | 4,761 | 0.03 | 17.00 |
2021-05-26 | 8,548 | 0.02 | 41.90 |
2021-05-25 | 24,843 | 0.05 | 52.41 |
2021-05-24 | 4,825 | 0.04 | 11.33 |
2021-05-21 | 20,824 | 0.07 | 31.50 |
2021-05-20 | 14,652 | 0.05 | 26.93 |
2021-05-19 | 24,897 | 0.08 | 32.13 |
2021-05-18 | 39,383 | 0.11 | 35.45 |
2021-05-17 | 42,493 | 0.12 | 35.35 |
2021-05-14 | 20,909 | 0.10 | 20.36 |