{"__slider":[],"__countdown":[{"gallery":[],"secstyle":"","imageObject":"202311160171818201.jpg","imageSecond":false,"sectionbg":"","background_image":false,"id":225,"title":"Regencell Featured on Benzinga","subtitle":"","social":{"instagram":"","facebook":"","linkedin":"","youtube":""},"content":"\u003Cdiv class=\"_content\"\u003E\u003Cp style=\"text-align:justify\"\u003ECEO Elon Musk recently claimed that\u00a0Microsoft Corp.\u00a0\u00a0Co-Founder Bill Gates has a multibillion-dollar short position against his company.\u00a0Musk suggested he doesn\u2019t trust Gates and his stated commitment to addressing climate change, given his bets against Tesla.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u201cToo often, sophisticated hedge funds have used short-selling and complex derivatives to take advantage of small investors,\u201d Musk wrote in an email to\u00a0\u003Ca href=\"https:\/\/www.cnbc.com\/2022\/02\/23\/elon-musk-cheers-on-justice-department-probe-of-short-sellers.html\"\u003ECNBC\u003C\/a\u003E. \u201cThey will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times. The term for this, as you may be aware, is \u2018short & distort.\u2019\u201d\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe mention of a short position brought the spotlight to an age-old dynamic of the stock market: Betting on a short squeeze always presents a measure of risk.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ESometimes, investors buy stocks with heavy short interest to exploit the potential for a short squeeze, but the attempt to swing for the fences sometimes ends in disaster.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EA\u00a0short squeeze\u00a0is an unusual condition that triggers rapidly rising prices in a security due to short sellers being forced to cover their positions by buying shares. For a short squeeze to occur, the\u00a0security\u00a0must have an unusual degree of short-sellers holding positions in it.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EGenerally, a rapid rise in the stock price could be attractive, but it is not without risks. Here\u2019s how it works: Active traders monitor highly shorted stocks and watch for them to start rising. If the price picks up momentum, the trader jumps in to buy, trying to catch what could be a short squeeze and a significant move higher.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EShort squeezes are arguably always a gamble. Over the years, some stocks have moved higher after they had a heavy short interest, while in other instances, they tumbled miserably.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Ch6 style=\"text-align:justify\"\u003E\u003Cstrong\u003ERGC Short Interest Compared To GameStop?\u003C\/strong\u003E\u003C\/h6\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe short squeeze of American video game retailer\u00a0\u003Cstrong\u003EGameStop Corp.\u003C\/strong\u003E\u00a0in January 2021 took the market by storm, causing major financial consequences for some hedge funds and large losses for short-sellers.\u00a0Roughly 140% of the game retailer\u2019s public float had been sold short. There was a mad rush to buy shares to cover those positions, which caused the price to rise further.\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAlthough a number of hedge funds participated, the short squeeze was largely triggered by users of the subreddit\u00a0\u003Ca href=\"https:\/\/www.reddit.com\/r\/wallstreetbets\/\"\u003Er\/wallstreetbets\u003C\/a\u003E.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAt the height of that episode, on January 28, 2021, the short squeeze caused the retailer\u2019s stock price to reach a premarket value of over $500 per share. The price was nearly 30 times the $17.25 valuation at the beginning of that month.\u00a0One ticker that some traders have looked at to also have short squeeze potential is\u00a0\u003Cstrong\u003ERegencell Bioscience Ltd.\u003C\/strong\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe short volume ratio has a similar pattern to that of GameStop with both averaging over 40% in the past year. In fact, Regencell has sometimes been more heavily shorted than GameStop, with occasional days close to 90% shorted.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAlthough Regencell and GameStop stocks\u2019 short volume profiles might be considered to be similar, not as much is known about Regencell. As of May 16, the company\u2019s founder and CEO held 10,539,159 ordinary shares, representing 81% of the total number of issued and outstanding ordinary shares in Regencell.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ERegencell\u2019s total cumulative short volume, as reported by a third-party data analytics provider, is over 19 million shares, while the total outstanding shares less CEO and Chairman\u2019s shares is only approximately 2.4 million, yet Regencell is still trading over 289% its IPO price. Its total reported short volume to outstanding shares ratio (excluding CEO and Chairman\u2019s shares ratio) is almost double of GameStop, being approximately 8 times whereas GameStop is slightly over 4 times. GameStop is currently trading 50x over its historical low of $2.52. Where are all the extra shares coming from?\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAs witnessed on Reddit and other social media and forums, especially during the GameStop short squeeze, retail shareholders came together, driven by the community\u2019s effort to punish market participants who make a living shorting and distorting public companies, causing them to stumble and fall.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Ch6 style=\"text-align:justify\"\u003E\u003Cstrong\u003ECEO\u2019s Conviction In RGC\u003C\/strong\u003E\u003C\/h6\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ERegencell Founder and CEO Yat-Gai Au\u2019s believes in a better and brighter future for the company. He says he has demonstrated his commitment and confidence and his position against possible short and distort sellers by using his own money, amounting to over $5 million, to purchase Regencell shares. Moreover, he has support from Samuel Chen, a very successful early\u003Cstrong\u003E\u00a0Zoom Video Communications, Inc.\u00a0\u003C\/strong\u003E\u00a0investor. Samuel owned 8.8% of Zoom shares and was the second largest individual investor.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ETo date, Mr. Au has converted his shareholders\u2019 loan of $3.25 million to Regencell\u2019s ordinary shares upon listing. He has also pledged not to draw a salary and bonus of more than $1 until Regencell reaches a $1 billion market capitalization and reserved share options for all employees except himself.\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAdditionally, to demonstrate commitment to Regencell, all directors and employees who were previously granted stock options upon Regencell\u2019s IPO have agreed to a further lock-up undertaking for a period of six months after their stock options become vested. As their stock options are set to vest on July 16, 2022, their shares will remain locked up until January 16, 2023.\u00a0Whether or not the ticker will encounter a short squeeze is anyone\u2019s guess, but some traders are keeping their eyes on a host of companies that seem to have outsized short interests.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ESource from:\u00a0\u003Ca href=\"https:\/\/www.benzinga.com\/general\/biotech\/22\/06\/27567868\/traders-may-keep-hunting-for-another-squeezable-stock-like-gamestop-how-does-this-tickers-short-i\"\u003EBenzinga\u003C\/a\u003E\u003C\/p\u003E\u003C\/div\u003E","blurb":"","link":"","linktitle":"","links":[],"alink":"","buttons":"","imageObjectTitle":"","imageObjectSrc":"management.file\/img\/202311160171818201.jpg","imageObjectImg":"\u003Cdiv class=\"_imgobj p-r\"\u003E\u003Cimg src=\"management.file\/img\/202311160171818201.jpg\" \/\u003E\u003C\/div\u003E","imageObjectBg":"background-image: url(management.file\/img\/202311160171818201.jpg);","imageSecondTitle":"","imageSecondSrc":"","imageSecondImg":"","imageSecondBg":"","ittlsec":"\u003Cdiv class=\"_ittl\"\u003E\u003Cdiv class=\"ttldecor- ttldecor-top\"\u003E\u003C\/div\u003E\u003Ch4 class=\"h4\"\u003ERegencell Featured on Benzinga\u003C\/h4\u003E\u003Cdiv class=\"ttldecor- ttldecor-btm\"\u003E\u003C\/div\u003E\u003C\/div\u003E","h":"\u003Cdiv class=\"_ittl\"\u003E\u003Cdiv class=\"ttldecor- ttldecor-top\"\u003E\u003C\/div\u003E\u003Ch4 class=\"h4\"\u003ERegencell Featured on Benzinga\u003C\/h4\u003E\u003Cdiv class=\"ttldecor- ttldecor-btm\"\u003E\u003C\/div\u003E\u003C\/div\u003E","maintitle":"","sectitle":"\u003Cdiv class=\"_secttlbx\"\u003E\n \n \u003Cdiv class=\"ttldecor- ttldecor-top\"\u003E\u003C\/div\u003E\u003Cdiv class=\"ttldecor- ttldecor-btm\"\u003E\u003C\/div\u003E\n \n \u003Cdiv class=\"_ttlcontent _content\"\u003E\u003Cp style=\"text-align:justify\"\u003ECEO Elon Musk recently claimed that\u00a0Microsoft Corp.\u00a0\u00a0Co-Founder Bill Gates has a multibillion-dollar short position against his company.\u00a0Musk suggested he doesn\u2019t trust Gates and his stated commitment to addressing climate change, given his bets against Tesla.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u201cToo often, sophisticated hedge funds have used short-selling and complex derivatives to take advantage of small investors,\u201d Musk wrote in an email to\u00a0\u003Ca href=\"https:\/\/www.cnbc.com\/2022\/02\/23\/elon-musk-cheers-on-justice-department-probe-of-short-sellers.html\"\u003ECNBC\u003C\/a\u003E. \u201cThey will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times. The term for this, as you may be aware, is \u2018short & distort.\u2019\u201d\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe mention of a short position brought the spotlight to an age-old dynamic of the stock market: Betting on a short squeeze always presents a measure of risk.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ESometimes, investors buy stocks with heavy short interest to exploit the potential for a short squeeze, but the attempt to swing for the fences sometimes ends in disaster.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EA\u00a0short squeeze\u00a0is an unusual condition that triggers rapidly rising prices in a security due to short sellers being forced to cover their positions by buying shares. For a short squeeze to occur, the\u00a0security\u00a0must have an unusual degree of short-sellers holding positions in it.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EGenerally, a rapid rise in the stock price could be attractive, but it is not without risks. Here\u2019s how it works: Active traders monitor highly shorted stocks and watch for them to start rising. If the price picks up momentum, the trader jumps in to buy, trying to catch what could be a short squeeze and a significant move higher.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EShort squeezes are arguably always a gamble. Over the years, some stocks have moved higher after they had a heavy short interest, while in other instances, they tumbled miserably.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Ch6 style=\"text-align:justify\"\u003E\u003Cstrong\u003ERGC Short Interest Compared To GameStop?\u003C\/strong\u003E\u003C\/h6\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe short squeeze of American video game retailer\u00a0\u003Cstrong\u003EGameStop Corp.\u003C\/strong\u003E\u00a0in January 2021 took the market by storm, causing major financial consequences for some hedge funds and large losses for short-sellers.\u00a0Roughly 140% of the game retailer\u2019s public float had been sold short. There was a mad rush to buy shares to cover those positions, which caused the price to rise further.\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAlthough a number of hedge funds participated, the short squeeze was largely triggered by users of the subreddit\u00a0\u003Ca href=\"https:\/\/www.reddit.com\/r\/wallstreetbets\/\"\u003Er\/wallstreetbets\u003C\/a\u003E.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAt the height of that episode, on January 28, 2021, the short squeeze caused the retailer\u2019s stock price to reach a premarket value of over $500 per share. The price was nearly 30 times the $17.25 valuation at the beginning of that month.\u00a0One ticker that some traders have looked at to also have short squeeze potential is\u00a0\u003Cstrong\u003ERegencell Bioscience Ltd.\u003C\/strong\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EThe short volume ratio has a similar pattern to that of GameStop with both averaging over 40% in the past year. In fact, Regencell has sometimes been more heavily shorted than GameStop, with occasional days close to 90% shorted.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAlthough Regencell and GameStop stocks\u2019 short volume profiles might be considered to be similar, not as much is known about Regencell. As of May 16, the company\u2019s founder and CEO held 10,539,159 ordinary shares, representing 81% of the total number of issued and outstanding ordinary shares in Regencell.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ERegencell\u2019s total cumulative short volume, as reported by a third-party data analytics provider, is over 19 million shares, while the total outstanding shares less CEO and Chairman\u2019s shares is only approximately 2.4 million, yet Regencell is still trading over 289% its IPO price. Its total reported short volume to outstanding shares ratio (excluding CEO and Chairman\u2019s shares ratio) is almost double of GameStop, being approximately 8 times whereas GameStop is slightly over 4 times. GameStop is currently trading 50x over its historical low of $2.52. Where are all the extra shares coming from?\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAs witnessed on Reddit and other social media and forums, especially during the GameStop short squeeze, retail shareholders came together, driven by the community\u2019s effort to punish market participants who make a living shorting and distorting public companies, causing them to stumble and fall.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Ch6 style=\"text-align:justify\"\u003E\u003Cstrong\u003ECEO\u2019s Conviction In RGC\u003C\/strong\u003E\u003C\/h6\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ERegencell Founder and CEO Yat-Gai Au\u2019s believes in a better and brighter future for the company. He says he has demonstrated his commitment and confidence and his position against possible short and distort sellers by using his own money, amounting to over $5 million, to purchase Regencell shares. Moreover, he has support from Samuel Chen, a very successful early\u003Cstrong\u003E\u00a0Zoom Video Communications, Inc.\u00a0\u003C\/strong\u003E\u00a0investor. Samuel owned 8.8% of Zoom shares and was the second largest individual investor.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ETo date, Mr. Au has converted his shareholders\u2019 loan of $3.25 million to Regencell\u2019s ordinary shares upon listing. He has also pledged not to draw a salary and bonus of more than $1 until Regencell reaches a $1 billion market capitalization and reserved share options for all employees except himself.\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003EAdditionally, to demonstrate commitment to Regencell, all directors and employees who were previously granted stock options upon Regencell\u2019s IPO have agreed to a further lock-up undertaking for a period of six months after their stock options become vested. As their stock options are set to vest on July 16, 2022, their shares will remain locked up until January 16, 2023.\u00a0Whether or not the ticker will encounter a short squeeze is anyone\u2019s guess, but some traders are keeping their eyes on a host of companies that seem to have outsized short interests.\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003E\u00a0\u003C\/p\u003E\r\n\r\n\u003Cp style=\"text-align:justify\"\u003ESource from:\u00a0\u003Ca href=\"https:\/\/www.benzinga.com\/general\/biotech\/22\/06\/27567868\/traders-may-keep-hunting-for-another-squeezable-stock-like-gamestop-how-does-this-tickers-short-i\"\u003EBenzinga\u003C\/a\u003E\u003C\/p\u003E\r\n\u003C\/div\u003E\n \u003C\/div\u003E","iframe":"","date":"","documentSrc":"","document":"","documentTitle":"","videoSrc":"","video":"","videoTitle":""}],"__step":[],"__otherstep":[],"__textslide":[],"__message1":[],"__message2":[],"__gallery":[]}
