RE: Voleon Short maximum position attained?24 Sep 2020 08:47
Well all looking good and plenty of big news in the pipeline.
The Voleon short is positive. It is already in the price and they have to close (buy back 1.18% of the share capita) at some point.
With such company making news coming down the track, I imagine they will have a hard time closing out and cause a short squeeze if they wait until a big news day.
My money says this is going to be very costly for them. Expecting NCYT to move up to new highs over the next few days before news.
GLA