How can this company be worth USD 12.6 billion with 12 employees and no revenue? For comparison Biogen (BIIB) with a market cap of USD 19 billion has 7,605 employees and USD 2.4 billion in revenue. Regencell Bioscience Holdings Limited operates as a Traditional Chinese medicine (TCM) bioscience company in Hong Kong. The company focuses on the research, development, and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, primarily for attention deficit hyperactivity disorder and autism spectrum disorder. Disclaimer: This is not investment advice. It is common sense.
You failed to answer the question. It seems unlikely you went short. What is your borrowing rate? price quantity and time of short? It is typical of your numerous amateurish posts.
ignore zdreg. the guy is a bum. i've been trying to reshort it after the split but couldn't get borrow. borrow is expensive, so my advice is to get out fast if you make a few shekels. i was up and gave back half as the stock did nothing and i was paying 9/share/day in borrow cost (pre-split)
You fail to contribute anything of value to this forum. Let’s break this down: You claim it’s unlikely that I went short, without providing a single argument to support your claim. Let's make this fun. How much money are you willing to bet on your claim that it’s unlikely I went short? $10,000? $100,000? $1 million? I’ll take your bet. You can choose the auditor that we use to verify. Let’s reveal who the real amateur is.
I agree. I usually don’t do this. It’s just a position small enough that it won’t keep me up at night. But the market cap is just ridiculous.