$Hoth Therapeutics (HOTH.US)$ Why some ppl are selling this ...
$Hoth Therapeutics (HOTH.US)$ Why some ppl are selling this low , where shorters want to push this to ? ridiculously low price now .
There is a scheduled General shareholders meeting on the 7th of August
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stderr : Well, it could be that they are less than a dollar even though did 25 to 1 reverse stock split in October 2022, and will be delisted if that continues. Meanwhile, how much money do they have, will they need to dilute shares to fund clinical trials? Do they have anything nda with fda?
Look at Mesoblast, they have tried to get drug approval now three times even though the drug has been available in Canada for 12 years, i think it is. How long until hoth gets that far?
Shorting seems to make great sense. it's not about you, it's about your money. I would think twice about hoth right now