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Innovation Pharmaceuticals IPIX
Posted On: 08/03/2016 11:30:02 AM
Post# of 72446
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Posted By: Drano
Re: Darwinian #25993
If CTIX stock were appropriately priced for its huge and thus-far successful pipeline, it would be trading far above 5 (so that institutions and funds could own it). It is no coincidence that when CTIX approached 5, the massive attacks started, including the Mako/Rosen devil's duo.

Now, who profits from CTIX's incredibly low market cap of 154 million? Why, the Big Pharma who wants to make a low-ball deal for blockbuster drugs. Why do you think the bashers at lieHUB have been screaming for a year "Make a deal, any deal, no matter how low the offer is"?

I'm sure that many or most will dismiss this as paranoia. I'd be most interested in seeing an alternate explanation for the suppression of the stock price, which can clearly be seen when one looks at the daily records of trades. Does anyone think that there are really multiple successive 10-share trades of a 1.25 stock (12.50 plus, say, 6.95 commission if an individual were trading)?

Seriously, if I'm missing something and there's an alternate explanation, please post it. Remember that shorting stock costs money -- interest and possibly payment to borrow the stock -- so sitting on a short position for a long time in a small range is NOT something a professional trader does.













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