Mar. 18 at 1:36 AM
$IOBT
On Reddit...
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Monday I think they made the last shake out by pushing the price down to 0.15 but there whales who’s buying the dip, they pushed the price up to 0.175 levels. Today shorts tried to push the price down TWICE but some “sneaky small investors” bought it right back heavly. That might be the last shake out. There are a lot of call options for
$1 and strike for
$2.5$ till friday, literally 5:1 call/put ratio.
I’m expecting a buyout because reported data for institutions and insiders combined is %65-70 pct of the float
Lundbeckfonden (%19.4)
Vivo Capital (%12.8)
Steve Cohen (%5.6)
Mads Hald Andersen (%7.6)
Jorey Chernett (%6.3)
Passive Institutions (%18.3)
So if they even wanted to sell anything THEY HAVE TO INFORM US WITH SEC FILLING!!! But they haven’t…
I don’t think they will go bankrupcy, if you have some risk reward ratio, this is the stock for you.