Most holder would have sold earlier , it is not sensible to dump at $3 , the loss is too large to take . Therefore this $3 level seems to be a good long bet
that short report in nature exaggerate everything to max the fear factor. Their target $2.6 I reckon it is just a number they make up to give ppl max fear . The actual worth of this company must be higher than this .
The shortman data on BLA does not show high short %, not sure how much shares Glacous has shorted , the number does not look big to me
It is bouncing now . Have fun
BLA Price at posting:
$3.20 Sentiment: Hold Disclosure: Held