Senseonics Holdings, Inc. NYSE MKYT: SENS Short Report, 12:35pm February 21, 2020

Intro:

Over the last two weeks Senseonics’ share price has nearly doubled, daily trading volume has increased relative to the six-month daily average and daily RSI (14) breached 80 more than once. We looked into it and found some red flags that we would like to share with our readers. These include: worrying levels of dilution, poor financials, dubious third parties, tens of millions of dollars’ worth of convertible notes and promotion on various “pump” news websites over the last year.

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This is commentary and opinion, not investment advice. The author(s) may hold a position in the security discussed and may profit if its price moves favorably to that position. See our full disclaimer.