MSB 8.37% $1.15 mesoblast limited

Short cover rally starts NOW

  1. 2,524 Posts.
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    Ok now that everything is out in the open, the money (US$110 million) has been raised and the strike price of (Aud. $2.30) is known, what we are left with is over 52 million shares shorting Mesoblast. We now have a massive shorting problem that needs to be solved. The problem is... there is absolutely no financial benefit in going short anymore, as the floor price for MSB is $2.30 ish. which has now been hit. Short traders will begin to close their short positions and those that don't will have to buy MSB "On-market" to cover their losses as the price rises, this in turn spikes the price even higher. Short traders will close their short position and in turn will open new long position thus creating more upward pressure on the share price. Our new investor group that pumped in US$110 million into Mesoblast is going to want the market to pump hard from now onwards to make significant profits. This current share price is just a very brief moment in time to purchase MSB before the massive rises start. We always hit a price at or near the strike price after each capital raise, which in this case is $2.30, then a major rally starts which will last for many weeks. Remember this investor group they want to make a return on their investment. Its just a matter of time before the share price explodes upwards. Don't be left behind just to save a few bucks you could potentially be losing thousands or tens of thousands or hundreds of thousands when we rally. This is a trading strategy, a war between the shorts and the longs which will eventually be won by the shorts closing positions and the longs opening more positions. The share price has hit the floor, and there is only 1 way its going and that is up in a big way regardless if you like it or not.
    Last edited by sixtyonefour: 03/03/21
 
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Last
$1.15
Change
-0.105(8.37%)
Mkt cap ! $1.313B
Open High Low Value Volume
$1.22 $1.23 $1.14 $9.583M 8.106M

Buyers (Bids)

No. Vol. Price($)
1 10000 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.16 25000 2
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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