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Biotech / Medical : ImmunityBio converts from Immunomedics
IBRX 2.110-1.4%Nov 6 3:59 PM EST

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To: End2War who wrote (1048)5/29/2025 2:39:09 PM
From: bobbseytwins20013 Recommendations  Read Replies (5) of 1229
 
It appears that the already substantial IBRX short interest has risen about 6 million shares in the past two weeks. We have decades of experience in trading securities, and are at a loss to explain the strategy behind shorting a $2.50 stock in order to earn a profit. We are purely guessing that there is some kind of arbitrage happening here, but nothing in our experience explains how you make money doing it. If anyone can explain all this, please help us! We truly feel like the dumbest kids on the block. Investors buying and holding , while shorts supply them with shares? What are we missing?
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