I have this one on my top list for my weekly watch list, it was recently hammered by a non significant study and shorts took advantage to bring it to its lowest point this year and possibly ever! High naked-short volume reached 95% a week ago. almost 25% of shares are held in a short position. the good news are :
1- Arix Bioscience has acquired more than 6% Friday after hours ✌✌✌
2- Institutions bought significant amount of shares recently
3- its project price tag is 30-59 dollars 🚨🚨🚨🚨 based on 3 analysts !! and it is a strong buy
4- seek alpha tagged it as a buy opportunity!!!
5- shorts to cover soon! this will bring the price back to the 20s i hope soon🚀 then it can gap up beyond
see attached the charts that explain the above 🚨🚨
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