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Posted On: 04/17/2018 5:49:17 PM
Post# of 72445
Drano,
I agree that "someone" has a significant incentive to try to depress the price of IPIX. It could be:
a. shorts who have a significant gain on the books as they've ridden the price down and would love to have IPIX go belly up so they never have to "cover" (for lack of a better word) their covered or uncovered short position;
b. some entity which wants some or all of our IP for a song, like Leo acquired Brillicidin in a bankruptcy sale; or
c. some entity which wants a bargain deal for our drugs from a desperate Leo.
Leo has played this game so well that we have no appreciable debt (just the nominal amount he lent IPIX to keep going when times WERE tough) and no pressure to make a deal, "any deal." He is not remotely desperate and one or more of the BPs which have signed a CDA will make an offer.
If multiple BPs are playing the game of hiring minions to attack IPIX and hold down the price, they are playing "prisoners dilemma." All IMHO.
I agree that "someone" has a significant incentive to try to depress the price of IPIX. It could be:
a. shorts who have a significant gain on the books as they've ridden the price down and would love to have IPIX go belly up so they never have to "cover" (for lack of a better word) their covered or uncovered short position;
b. some entity which wants some or all of our IP for a song, like Leo acquired Brillicidin in a bankruptcy sale; or
c. some entity which wants a bargain deal for our drugs from a desperate Leo.
Leo has played this game so well that we have no appreciable debt (just the nominal amount he lent IPIX to keep going when times WERE tough) and no pressure to make a deal, "any deal." He is not remotely desperate and one or more of the BPs which have signed a CDA will make an offer.
If multiple BPs are playing the game of hiring minions to attack IPIX and hold down the price, they are playing "prisoners dilemma." All IMHO.
Quote:
Posted On: 04/17/2018 5:26:33 PM Replies (0)
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Posted By: Drano #44481
Re: Chemdeps #44479
I have said for years that I thought that at the root of this attack on IPIX is a big pharma that wants to try to force IPIX into selling assets cheaply. That is not going to happen.
So, when a partnership is made, the incentive to keep pressuring the stock may go away. And, it is going to be impossible to hold the stock down when the company gets a big cash infusion and thus the ability to pick up the Bril-ABSSSI clinical trial, etc., not to mention the fact that the company will suddenly be on the radar of many more investors.
Pity the fools who are holding those 1.2 million legal short shares. Or rather, exult in the destruction of the fools who don't cover as fast as they can.
That's at least a week's worth of normal volume, ya know.
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