Bullboard - Stock Discussion Forum Lattice Biologics Ltd V.LBL.H

Alternate Symbol(s): LBLTF

Healthcare Medical Devices

Lattice Biologics Ltd. is engaged in the business of developing, manufacturing and marketing biologics products to domestic and international markets. The Company’s products are used in a variety of applications including enhancing bone regeneration in dental, spine, and general orthopedic indications. Its acellular dermal matrix is used for dental flaps which is used to close defects post... see more

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TSXV:LBL.H - Post Discussion

Lattice Biologics Ltd > Good signs

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Post by DigitalSpurs on Apr 06, 2020 9:32am

Good signs

Stock is holding nicely at about $0.13 until news

Shorts have increased 10 fold according to CEO website (why is this good? read below):

There will definitely be some manipulation and from the many boards I read, there is a LOT in the pipeline now and multiple news releases to come out

Stocks that show extreme short interest readings are more prone to short squeezes. Stocks with smaller floats and high short interest have the highest probability of short squeezing as shortable shares reduce in number. An extreme reading may be different from one stock to another. A solid company with a long history of stable profit generation may have extremes near 10%, while more speculative companies may see short interest rise above 30% regularly. When a stock does reach an extreme, it could signal the possibility of a short squeeze. A short squeeze is an upward price move caused by investor buying coupled with short sellers being forced to buy to cover their positions so they don't take too large of a loss.

From: https://www.investopedia.com/terms/s/shortinterest.asp

News in the sector is very hot right now

The company has business licences in the states and are FDA approved to perform there

Shorts may be burned soon!!

148

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Comment by HarfanddesNeiges on Apr 06, 2020 9:49am

LOW Today 11.5 C No news bad news coming ?

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Comment by DigitalSpurs on Apr 06, 2020 10:01am

11.5c was the low on many days and always ended at 12.5c or 13c If you pay close attention, the last buy was for a few shares to bring the price down - they want your shares cheap before this takes off If you have been reading up on everything, it's only a matter of time...

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Comment by HarfanddesNeiges on Apr 06, 2020 10:07am

Ya I think you are right. Agree with your comments. GLTA

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Comment by wintrader on Apr 06, 2020 10:14am

The question here is not if short will get burned , it's mostly when now? My answer ,this week IMO !

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Comment by Smiles62 on Apr 06, 2020 10:20am

The ones that are shorting are in the know, they will cover at 0.095. That's where it's going, like it or not.

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Comment by DigitalSpurs on Apr 06, 2020 10:23am

Doubt it! Very high volumes this morning and from my initial post, you can tell that the increase in shorts is a VERY good sign. Technicals for the company in terms of its stock chart is extremely strong and the sector is on fire right now. This will hold strong and IMO will close at 14 or 15 cents and we should get news either after hours today or tomorrow morning to the next leg up ...more

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