The 16% short interest might actually work in favour for the bulls. Here's what happens - as the price falls, people buy the stock to cover their shorts, and the stock stops going down. Since 16% short interest is pretty high, this is likely to happen. Doesn't make sense shorting a stock if too many people are shorting it.
Seems highly speculative and risky to me. There are better companies to invest in.
LifeCell: Promising Products, Tight Float (LIFC) [View article]
Seems highly speculative and risky to me. There are better companies to invest in.