/biz/ - Business & Finance

Time to talk LCI folks.

Percent of the float being shorted is around 70%.

Currently, LCI is in deep water for price collusion https://seekingalpha.com/news/3451180-lannett-4-percent-cautious-sa-article-alleged-price-collusion

Lawyers and Courts getting involved.

Currently forming a head-and-shoulders pattern.

Healthcare sector due for a bounce.

There would have to be a huge influx of buying for there to be a short squeeze.

My question is, what would the catalyst be for an increase of buying volume?

I would assume that with the current article about price collusion that one would expect more bad press to come out which would hurt the stock by scaring investors away.