Now its time to get the new news out there and run this tank up to $7!!
I am surprised!
Holy-The is a simple answer to this. Daytraders play a major role in extending rallies and extending selloffs. The daytraders did no different here. They got on board by following the highest % gaining stocks and have gotten off the traiin once the rally ended. Th reality is that IPCI probably should have rallied to $3.50. , but the daytraders took it to $6. Yes, to short till $3-not a terrible play-below that I think that market equilibrium will take over and you will lose.
I just think withall the could happen here, you couldn't sleep holding this short overnight!!
The odidi's have a ton of shares in this company and have not sold 1 share yet. why do you even think that they would utilize the atm now when the price has been falling. do you think that they want to lose their shirt in is company. n0000000000000!! that would be totally counter-intuitive to sell in a falling market. they will use the atm as the good news rolls in and the stock moves exponentially higher. if they felt they had one bullet in the gun, don't you think they would have sold too.
what's going on now???imho-the stock was purchased by daytraders who go on a ride and hope it leads to the wizard of oz!we got to get rid of them and then get some strong holders who believe in the long term goals of the company.
how low? I believe $2.85 will be it-but who really knows. it has to go lower than it should...but that's just normal trading mentality.
i hope this helps!!
Holy-did you short before the Focalin announcement??? If not your turn will be soon!!!
Blue-good move---this thing is a bronco-but when they announce Rexista-it gonna fly-and your anger will dissipate!!
the $6 mark again!! I really believe it!! B'H"
Blue-hang on-I have spoken with the CFO many times and he is very decent. You should call the company and press 106 and speak to him. Might alleviate your fears!! Please, just hang!
that IG has twice the market cap of IPCI. The selloff today?? ? Que pasa-who knows-but I would believe that the smart money will move into this!!!
VR-sold it all today-lost my rump-I wish you well--am very unhappy here!! Thank you for all of your help and wish you well!
(1)That the stock price does not represent the company's activities.
(2)The Company has a lot to look forward to like Oxecta and Nexafed etc
I explained that it is Chutzpah to take a bonus while the s/h are being sizzled and it seems like they worjk for the short sellers.
Please Please, call the number and tell them your opinion!!!