DancingQueen69
Oct 2, 8:05 PM
$MEDS
1) Corexa growth: September preliminary revenue exceeded
$1M, up 66%+ from July’s
$600K+, implying a
$12M+ annualized run rate if sustained.
2) Extreme borrow pressure: Last observed data showed 0 shares available to borrow and CTB around 539%.
3) Heavy short positioning: Reported short interest was ~430K shares / 33.85% of float, creating potential squeeze fuel if momentum returns.
4) Reg SHO Threshold: MEDS has been on the Threshold Securities List, indicating persistent settlement failures. Combined with scarce borrow, this matters.
5) Technical setup: Day 2 defended the
$3.59–
$3.60 support zone after Thursday’s +28% move. Monday is Day 3. A reclaim of
$4+ could bring momentum back quickly.
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