Member Info for MoreThanMe

We are not going to see a short squeeze on the same level as GameStop or Volkswagen, I agree, GameStop is up from $4 to $200 in less than a year. But there will be a substantial increase in the price here. In the last week the market has been shown the danger of being short on heavily shorted stocks and the implied risk has substantially increased.

Therefor those hedge funds have to start to close some of their positions, meaning there is 5-10% of the free float that will need to be brought at whatever market price here in CINE by those hedge funds that need to reduce their risk/liability.

If anyone wants to see the pre-trading of amc, here is a link: https://www.marketwatch.com/investing/stock/amc

At the start of the year, CINE was worth over double AMC with mcaps of $1.2bn and $0.57bn. The mcap of AMC is now over double that of CINE. We have a lot of catching up to do here as the shorts close their positions here.

There will definitely be volatility, but I expect there to be a good amount of short covering (buying) before the US open at 2:30 today. Seeing what happened in GameStop yesterday and seeing how AMC is trading pre-market, currently up over 100%, any shorts in CINE must be getting nervous that the short squeezing might spread from AMC to CINE.

All these hedge fund shorts have borrowed and sold shares and therefor need your shares to close their position and reduce their risk/exposure/liability.

IMO, if you can have a bit of patience, you are already in one of these most shorted stock. CINE has a huge amount of short interest and while it may be early here and the short squeezing may currently only be isolated to USA, this phenomenon will spread and CINE is perfectly placed. The shorts here are definitely already worried I would say.

Regardless of WallStreet bets, with what we have witnessed in the last week at AMC and GameStop, any company around the world that is short of a heavily shorted stock will currently be re-assessing that short and the risk/liability associated. This will lead to the unwinding of a goof proportion of the short positions here in CINE.

When a short position is unwound, the shorter has to buy back into the market at whatever the price to return the share back to the entity they borrowed it from. The hedge funds are going to have to buy in here, they need the shares.

AMC is +183.42% at 10.60 EUR on the Frankfurt exchange

Shorters in CINE realizing they are potentially over exposed here and need to buy in here to reduce that risk. CINE is one of the most shorted stocks in the UK market.

I think it is risk management all around the world, scared of potential losses of any shorts they currently have in the market. Remember the potential losses from shorting are theoretically infinite as they HAVE to buy back in whatever the price.

And I forgot to add.. These shorters are the ones that made millions from the initial free fall of CINE stock earlier last year ...

Shorters here have borrowed a substantial proportion of CINEs shares in order to sell into the market, in order to complete the trade, these shorters have to buy back their shares of the original position. They need your shares to close their position. Anyone that has shorted CINE right now is scared and has risk management all over them asking them to close their position.

Remember, they need your shares to close the position. They have to buy into the stock, whatever the price.

Cine is one of the most shorted stocks in the UK market, with the current phenomenon happening in GameStop and AMC (Both highly shorted stocks), risk management at all hedge funds around the world will be going into overdrive. A massive proportion of the shorts here in cine are going to have to capitulate. It is going to be a very interesting day here.

As Symbol said, the target is 2m / week not 2m / month. Collin has also stated that there is the potential for expansion of the capacity to 2.5m/week through efficiency improvements, but that isn't concrete.

The number of people searching for lateral flow into Google has really exploded in the last month. Rising interest in the space, rising publicity, rising capacity. Its been a long ride here, but the importance of lateral flow testing is finally getting the recognition it deserves.

link: https://trends.google.com/trends/explore?geo=GB&q=lateral%20flow

Hzm has gone up in a straight line for almost 2 weeks, a healthy pullback and consolidation is nothing bad and is helpful to build up new support levels in a stock. Cracking fundamentals here.

Here is an update of my chart I posted last Friday, apart from the unexpected drop yesterday, things are looking very solid here with a solid uptrend support having been built over the last month.

chart: https://imgur.com/a/VuPjhs3

There seems to be a strong uptrend support that the price has bounced off in the last two days. Definitely looking up here.

chart: https://imgur.com/a/qnQEf6g

Made another buy of 5,319 @ 55.5p, adding a few extra shares to my holding, amazing that investors are letting their shares go at these levels considering the recent update regarding the Mologic antigen LFT.

Very attractive entry point here, bouncing off support levels. So much going for this company now, that is being overlooked by frustrated investors. It is demoralizing to see the share price having been battered over the last 3 months, but investors need to pay attention to the fundamentals of the company and not the share price. We have a fantastic portfolio of LFTs and the capacity now to capitalize on it. Expecting a very exciting few months ahead here.

The draw to me for Serabi, is the fact that it has a consistent record of generating ounces and cashflow, whilst offering huge potential upside by increasing production, both organically and through developing Coringa, potentially becoming a 80kOz / year producer. And if that wasn't enough there is excellent exploration potential for the company. All of these components together offer a much more attractive risk to reward proposition than some of the other miners.

It will be interesting to see how much mining financing terms have increased with an improving gold outlook and how much easier it will be to get Coringa financed in the future.

Nickel doing really well this week, making a new yearly high at $17900, brilliant tail wind to encourage a favourable financing agreement.