New York, NY – November 23, 2018 – Generex Biotechnology Corp (OTCQB: GNBT) issued an announcement on Wednesday this week to warn shareholders that Apex Clearing Firm had mistakenly issued phantom GNBT stock. Sales of the phantom stock were the likely cause of a GNBT PPS decline on Wednesday. Any sale of the phantom stock is effectively a short sale and Apex will be required to purchase shares to cover such short sales. All short sales will have to be covered with the purchase of stock within three trading days. The APEX buy back could trigger a GNBT run back to the recent 52 week high of $25. GNBT has been very active of late with major acquisitions and the initiation of clinical trials. The combination of positive GNBT news and the APEX buy back could give investors a substantial ROI.
Generex is currently a quiet giant of a pharmaceutical company that most people probably are not yet aware even exists. Do a little research and you will find Generex is loaded with proprietary, intellectual property protected pharmaceutical technology.
Learn more about Generex at http://www.generex.com/
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