Lattice Biologics Ltd V.LBL.H

Good signs

[DigitalSpurs]

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!!

[HarfanddesNeiges]

LOW Today 11.5 C No news bad news coming ?

[DigitalSpurs]

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...

[HarfanddesNeiges]

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

[wintrader]

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

[Smiles62]

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.

[DigitalSpurs]

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

[DigitalSpurs]

Absolutely agree with you. It has to be this week!