$Virax Biolabs (VRAX.US)$ just my 2 cents worth , after a lo...
just my 2 cents worth , after a long and hard thoughts, i should be happy that they are demand to short the shares as they are upside potential to it.
base on current low trading volume, prices will swing very easily because of the irrational trades.
my burning question is why ceo is not intervening to shore up the price, especially since they recently issued new shares at 4.50/share. if i am the subscriber of these new shares, i will question the ceo why the price has fallen to such low levels and this does not bodes well for the company if they intend to raise more working capital funds for their research.
i am currently long at 6k shares @ 6.50/share. happy to stay on until such time there is no longer incentive to do so.
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