Lifeline Biotechnologies and short sellers

In a recent press release, Lifeline Biotechnologies, LBTT.PK, blames illegal short selling for its recent decline and argues that there is no business reason for a decline. Previously, I’ve written about how you have to be careful with stocks like Lifeline. I’ve even covered the short seller issue before. It’s starting to sound like a lame excuse, but this is a purely speculative play. We’ll see what happens.

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