Sirona Biochem Corp V.SBM

Shorts increased by 507,470

[jimmyhorizon]

WHO ist doing this? Someone in the know or someone crazy who is always right?

[biorun]

they always do this after a run - I followed it twice closely. I don't believe its anything specific, just a technical play. we went from 17 to 34, just gave some back. wouldn't be surprised if they have already covered as it was last week. 

[lscfa]

Scumbag hedge funds shorting and then approaching co. offering to do a financing at a lower level to cover.         https://www.theglobeandmail.com/business/article-proposal-to-ban-short-selling-ahead-of-deals-to-shake-up-junior/     Proposal to ban short selling ahead of deals to shake up junior markets   MARK RENDELLCAPITAL MARKETS REPORTER

[MirrorWorldMan]

The Hedgies love to pick on the timid and hyper reactive shareholders of NASDAQ biotechs, and have the tools such as stop loss indicators to see how low they can cover. Naked Shorting is the norm. Other insti's are just as ruthless, I remember something similar with my Navidea (makers of Lymphoseek) stock years ago. The CEO took out a  $80 MM loan with an investment bank that then shorted

[biorun]

Good thing we don't have to worry about this. No hedge fund will go near it, not enough market cap or liquidity.