If you are referring to Post #:74927271 whereby 3.1 million shares were shorted on the 24th July - they won't show up in those figures until today (4 trading days later) .... and while this isn't the net figure it demonstrates that they are having a red hot go in the last week if you look through the daily numbers reported.
Easy money for them knowing the FDA decision 'could' take up to 6 months and that the company will need funds prior to that date if:
1. No partnership deal is announced with a large Upfront payment; and
2. Mesoblast continues to fund the CLBP from the limited financial resources we have.
A partnership deal and / or an early FDA decision is the only thing that will knock them for 6 but that hasn't happened in the 8 or so years I have been invested in Mesoblast (sadly) so they probably think they are fairly safe and are planning their next overseas trip to celebrate their profits ..... and of course I wouldn't rely on the FDA doing us any favors based on their past treatment of Mesoblast
GLTAH
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If you are referring to Post #:74927271 whereby 3.1 million...
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3 | 79013 | 1.445 |
7 | 113979 | 1.440 |
2 | 54852 | 1.435 |
4 | 159188 | 1.430 |
Price($) | Vol. | No. |
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1.470 | 55652 | 2 |
1.475 | 137352 | 3 |
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1.485 | 19000 | 2 |
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