Massive Short Squeeze Possible Above $10.50
Facts:
Currently about 15% of the outstandind shares of BCTX are shorted.
Taking into account the tightly held shares by institutions and insider holdings the short position is closer to 40% of float.
It is getting near impossible to borrow any shares of BCTX to short, almost none left. This fact means they have all been lent out.
Any sharp move in stock could force a massive short covering/short squeeze and rocket stock higher.
Any good news out of this company, combined with percent of shares shorted, low float and cheap valuation could make for an outsized move.
Due your own due diligence, but this adds another catalyst dimension to this company.