Thats correct, thanks Nutcracker.
As you can see today, it can be very dangerous to short
a quality-stock like Biota.
We have seen in Germany recently that many investors
completely ruined themselves when they were shorting
Porsche/VW !
So if I wanted to go short, then I would pick a weak stock, but not a company with such fantastic perspectives (Relenza, LANI, HRV etc.) like Biota IN THE MIDDLE OF A
PANDEMIC...
What we have seen today is imho that a large investor
from the USA is buying into Biota.
When I remember it right, they said at the AGM that CEO
Mr. Cook would do a US-roadshow "within 1 or 2 weeks".
Today seems to be the first result.
Imho this is only the beginning and I would not be
surprised, if other big investors from overseas will
follow up in the next weeks.
Best regards from Germany
Eric
_______________________________
Please make sure that you do your own research as this is only my opinion and not an advice.
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