$Ensysce Biosciences Inc.(ENSC

what is happening (my best guess): ~20m shares or so worth of warrants got re-sold by at least one (possibly more) notorious shorting firms. They had been using them as collateral to short against without paying cost to borrow, and had to cover first in order to sell them.

The warrants cannot be redeemed buy the new buyer until the shareholder meeting next month, and the buyer of the warrants wants to cash in bigly when it's approved. So they aren't using them to short.

The people depressing the stock had to stop, and now it's behaving like it would if they hadn't been grinding it down since forever. And the buyer of the warrants wants it to moon so they can profit.

Just my opinion. Happy trading! I hope we all profit hugely.

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