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Innovation Pharmaceuticals IPIX
(Total Views: 236)
Posted On: 07/02/2017 12:51:42 AM
Post# of 72447
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Posted By: sox0407
Re: Drano #35480
Under one million naked short shares (less than 1% of the current OS) were a reasonable guess. The shorts covering after the CUSIP change announcement showed naked shorting in CTIX was nowhere near what the daily short volume suggested, unlike AMBS.

Although I was replying to Alan and knowing he won't change his opinion, the main purpose of my posts was for others to see, especially new readers. Just as Alan has his purpose of posting the daily short volume for almost two years.

We just entered Q3 and as IPIX releases more solid data, more eyes will be on the company. We know all too well that misinformation about the science and management has scared away investors. Until a deal is announced, misinformation about the daily short volume won't help to repair the damages left by Mako.

Retail is very important because institutions can't buy until IPIX is uplisted. Again, no one honestly can tell me that "50% of the daily volume were short sales" is attractive to new investors.













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