The FDA released a hold on trials. Institutions own 32% and are buying. Insiders selling. The float is 28% short. It is an Indian story on both sides of the ocean. Cantor will underwrite and dilute 15% of the equity. Up 25% intraday. Down 20% after hours on the Cantor news. 25 Feb call scheduled. The moon is a balloon.
mc 852
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