RE: Voleon short increased!22 Sep 2020 19:07
Has the short worked? Not in a traditional way. Normally borrow shares, dump shares price drops, take out a load of stop losses, weak holders & buy back cheaper. However we have been on an slow upwards trend & Voleon have kept increasing the short with little effect. Maybe suppressed the price a bit. But volume was low anyway. Price has jumped in the past 10 day's could be a good time to add to short hope for a retrace. They are hoping PI's get bored, start looking at other shares gaining & jump ship. But we've all done our research. We can wait . More products coming on stream & Government orders to fill.
"The Company continues to make good progress in the development and launch of a central lab-based serology test for the detection of the IgG antibody to COVID-19. To date, the product has demonstrated significant levels of sensitivity and specificity for detection of IgG in patients 14 days after testing positive for COVID-19 by a PCR test. Novacyt now expects to launch a CE Mark approved product by the end of September 2020."