Perhaps Public Citizen's hit piece is a good sign of desperation of shorts
If the crooks had managed to get FDA to say no or something favorable to them why would they need this last minute hit piece?
Is the hedge fund lobby donating to Public Citizen?
If the crooks knew it's a no why wouldn't they run it up and be ready to short like hell on the news?
Or, why wouldn't they short it like hell now down to 5 bucks? Their market makers could easily naked short down to 5 bucks and then deliver the shares they buy from retail who'd dump on bad news.
I'm risking more than I ever thought on this binary event but there are plenty of reasons to believe the vote will be a Yes.
I believe the weakness in the last few days was due to shorting to get retail to dump for two purposes:
1) the lower the stock the lower the rebound (maybe not, if it's like a coiled spring gone lower due to further shorting)
2) the lower price is bound to scare some retail guys with a big paper gain to take profit
The increase in short number is both scary and a good sign - but I've already decided to not have fear in this case and stand by what's right no matter how many frogsteins want to challenge it.