Looking at the current situation I am going to build small position. The reverse split possibly August (1$/03/13/2026)
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The news are strong.
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What are your thoughts?
I have just CMPX up today.
Looking good. The shorts are bleeding.
It's gona bee interesting week ahead. I will be watching closely any developments on the NASDAQ delisting filling and preopenig volumes, to decide my next steps. If any positive news comes out, there is possibility of short squeeze pump. There is over 10 million shares short with 2 days to cover. Possible +100 % price jump.
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There is a SAFX facing delisting on Monday. A reverse split is only possible with the written agreement of a 22% shareholder. The situation is a bit heated at the moment. There are also 10 million short shares with two days to cover. What will happen to the shorts if the company is delisted? I'm looking for serious scenarios.