MSB Trading 2020 - a new dawn, page-3698

Time for a weekly reflection...

Two weeks into September and it's certainly not a September to remember that I was looking forward to

But, there's not much you can do when there is a risk-off mentally in the market.
I can't believe all these recent great trolls who supposedly saved everyone from the doom by forecasting a SP decline when the Nasdaq has gone down 10% in two weeks.
10% is pretty significant for an index - that's a market correction!

Of course, Mesoblast still being regarded as a spec stock is going to suffer.
But, has it suffered much more than other ASX200 stocks? You can be the judge of that!
I would challenge these great trolls to nominate a few companies that has done well in the last two weeks, and if found are they investment grade companies?

As SHs of Mesoblast we have to step back and look at why the SP has declined.
Has the Mesoblast story changed? No
Has there been bad news? No

So what happened?

Sharts

It looks like the Sharts have used the market weakness in the last few weeks to trim down their position from a high of 7.63% (45m) to 4.74% (28m).

That's quite a significant drop.

Now why have they made such a significant move to close out their short positions? If there were concerns raised when they increased their short positions, what do you factor in now when they close these short positions? So why are they exiting now?

They must have been banking on M&G; otherwise, it is pretty bad business to just bank on the overall market correction.
Darn M&G - they are preventing a short squeeze

Anticipations
The Ryoncil announcement is near. Any day now, most likely next week.

It took Nasdaq 10% correction, M&G selling and sharts exit to bring down the SP below $5.
When leading to the Ryoncil announcement and all of the above dissipate, what will the SP do?
If that the best that these sharts can do to drive down the SP, then I would expect the next two weeks to be green.

Make no mistake, the Ryoncil approval is huge for Mesoblast.
Just think about these:

• The first FDA approved MSC product
• A new paradigm shift in medical treatment!
• A company going from research based to commercialisation
• Vindication from years of hard work
• Pathway for other product suite - in particular, label extension for Covid-19 ARDS

Now if the above is not enough, what about the publicity that this will generate.
How long do you think that Mesoblast is going to stay as an unknown company?

Bring on these announcements!

BTW - please don't feed the troll. Just put them on ignore.
HC MSB thread has been battered in recent weeks and it has been pretty hard to read
Let's bring back the community spirit and stuff the trolls & naysayers!

Have a great weekend MSB'ers - let's look forward to the real September to remember starting in earnest from next week