$Altamira Therapeutics Ltd.(CYTO)$ shorts loaded calls and shorted common 2.60-3.33 to hedge for a buy out or continued positive news cycle. Likely 10 million shares + naked shorted based on weighted call to short ratio most hedge funds use, trust me I know 😉. If ceo Meyer can come through with a positive PR. Or upgrade Monday we could see 5+ very quickly
$Altamira Therapeutics Ltd.(CYTO)$ Wow, after performing DD this stock is so undervalued. Upcoming catalysts:1. AM-125 Phase 2 Completion (expected to close Dec 1, 2021) and data readout a month later (expected 1st week 2022, if not then Q1, 2022).2. DCGI nod on go ahead to conduct Bentrio trials in India. In-vitro efficacy against covid 19 and delta variant already established from previous PRs.3. Sales number indications from six south east markets and 3-4 european markets. (expected to be around 5-10 millions ?).4. Start of study around RNA therapeutics.5. 194 million volume from last session, tons of shorting I assume.6. Shorts hedging by putting money on 19 Nov calls 2.5, 5 and 7.5. I expect some action due to that.Please add if I have missed an
$Altamira Therapeutics Ltd.(CYTO)$ Company needs to start making money? So far bentrio has been on the market for months in parts of Europe and they have not released sales numbers. I suspect there is very few sales or they would have released news on them. No reason to be bullish.Last Friday was an anomaly.Be careful guys!
They are losing control on shorting this as there are no more shares to be had.. Borrow rate is blowing up and its the weekend.. Means we will see a flash spike at some point. Just HODL and you will win..$Altamira Therapeutics Ltd.(CYTO)$
Dont give them your shares. Hold until the next great chance come here. Make them pay the interest.. Do you know how much the average multi country distrobution deal is worth? Try $30 million over night..$Altamira Therapeutics Ltd.(CYTO)$You need to know what's hot and what can hold steady on the downside, even for $Tesla Motors(TSLA)$
Is a best short stock on the market$Altamira Therapeutics Ltd.(CYTO)$ I told everyone to sell when it was $3.20. You guys just started hitting dislike. Now that is the realitythe company has 4.9 months of cash left based on quarterly cash burn of -$2.91M and estimated current cash of $4.7M.