$Biofrontera (BFRI.US)$ how does the news of the parent shar...
$Biofrontera (BFRI.US)$ how does the news of the parent shareholding cut more than 50% affecting this stock? i am at 11. how?
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W Chiang : Means they have more shares can be traded than before.
1. Short squeeze will he harder as the short can easier cover the short position.
2. More shares means the value for each share diluted after the additional offering.
3. Without parent company, their debt have more risks and complex auditing and decision making.
hAndambilliondream OP W Chiang : does it mean it has no more chance to pick me at 12 anymore?
W Chiang hAndambilliondream OP : Without parents company，it has no patent and RnD ability but license to sell the drugs. It will like a sales oriented company. If they play it nicely and buy the other drugs actively. It still have chance.