(Total Views: 173)
Posted On: 08/25/2017 3:14:30 PM
Post# of 72447
Your explanation to the FINRA # is that the short volume is actual short sales and the rest are wash trades. So how is it possible for the stock to ever go up? If naked shorts were in control, please explain how they allowed the stock to nearly double last year? I guess in anticipation to the P result was just a coincidence. Want a more recent example? What about going from the 60s to over $1 last month? I guess in anticipation to the B-UP result was another coincidence.
I've already explained that biotechs are driven by news and the next catalyst (B-OM) is about two months away. Given the recent low volume, it'll be easy to manipulate the stock. If naked shorts are in control, IPIX would be a true penny stock by now.
Two can play this game. I'll continue to fight what I believe is misinformation by providing official short interest data (< 1% of the OS) and official failure-to-deliver data (941 shares) daily.
I've already explained that biotechs are driven by news and the next catalyst (B-OM) is about two months away. Given the recent low volume, it'll be easy to manipulate the stock. If naked shorts are in control, IPIX would be a true penny stock by now.
Two can play this game. I'll continue to fight what I believe is misinformation by providing official short interest data (< 1% of the OS) and official failure-to-deliver data (941 shares) daily.
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