Sold half my pos at 1.81 yesterday... the rest i'll see. glta longs
indeed. Bump... it is just a matter of time (short periode) to get this to 10 dollar and within years IPCI will trade over 30 dollar. Yes sign up for this 10 bagger. glta l
In companies like IPCI picking up money from the market at market price is a good thing. You will see... IPCI will move up again soon.
NO, ONLY 3...? lol. you find me another company trading under 100.000.000 cap that has 1 drug app and 3 to be app every day now... and 4 more in the next year.
In the very short time indeed. Most of the time a stock goes down just after the news of an offering. But often it is followed buy good news and a runup where the shares get sold. I'm expecting good news next week. We know IPCI is doing the right thing. Buying back an 0.8mil loan and the rest will get invested in the company. Money makes money. The money they get from the market is not gone, so the stock should in fact not move at all.
You are carzy man... Even if IPCI moves over 20 dollar (soon) you will keep saying the things you are telling now. Bashers are out of negative ellements about IPCI so they start screeming Bllusiht...
well i bought just under 4 dollar and very happy with that. I see the offering as a good thing... but understand why unexperiend investors. The volume yesterday AH was only 100,000 shares. No big fish getting out only small investors (traders). Imo we will open on Friday above the AH close and move up.
0.8mil will be used to pay off a loan... so that is off the table. I realy don't see anything bad in this offering. Yes sure the OS will move up but we get the money in stead. ALL GOOD.
At-The-Market Offering of Common Shares... not a bad thing, but often the pps drops on that news to recover and go higher later. IPCI has everything to become a great company now. Nothing to stop them from becomming profitible in the next Q. I say we see 20 dollar in 2014.
wow, I'm long... I say IPCI IS NOT a pump and dump. Learn to read. They are not printing shares for nothing. They are doing all the right things and time for longs is NOW. 7 drugs to get FDA app soon. And with the royalties and income from Focalin XR they will turn a profit within the next 6 months. All drugs extra will only make a bigger profit. IPCI is a nobrainer. This will hit 20 dollar within a year.
man you are comparing appels with lemons... and only telling about the stocks that prove your right. What about ONVO? This way you are Always right.
Picking up money from the market to make the company better is just what the market was made for. With this GREAT offering IPCI has evrything in hands to become a great profitable company very soon.
That's because they are using secondary shares held by existing security holders, which is 5,305,484 shares. Most people don't understand how "at-the-market" equity distribution programs work. This is not a dilution, just a smart move by the company. People are taking these shares and dividing by the expected proceeds of $16.8 million and arriving at $3.14 a share, that is incorrect, the true proceeds will be higher based upon selling price in the market. IPCI will sell when they choose, and at a premium price target, further reducing their debt. This is just a typical overreaction to news and something for the shorts to feed on.