(Total Views: 634)
Posted On: 06/22/2021 3:30:21 PM
Post# of 72440
Hate to be a naysayer, but tomorrow's changes to DTCC laws I don't feel are going to hurt the hedge funds one iota - simply lipstick on a pig. Too much money being made and too little punishment (hell, the fines are a warning, then $150, then $300) for hedge funds to not consider them a continuing cost of business and not even the cost of a decent business lunch in NYC or any posh downtown city restaurant.
IMO IPIX is still going to only move on positive news bringing Brilacidin closer to being approved (EUA or such) for CV19 and new funds coming in for further work as a broad spectrum antiviral.
My reasoning? Follow the money and all those in charge of the SEC, DTCC, FINRA, etc are still being paid by the very same institutions they are supposed to be governing. If the legalized theft of the consumer investor leads to hundreds of billions of dollars, it wouldn't take but a hundred million dollars a year paid to the right people to keep any laws off the books that would get in the way of the hedge funds still destroying start up companies.
IMO IPIX is still going to only move on positive news bringing Brilacidin closer to being approved (EUA or such) for CV19 and new funds coming in for further work as a broad spectrum antiviral.
My reasoning? Follow the money and all those in charge of the SEC, DTCC, FINRA, etc are still being paid by the very same institutions they are supposed to be governing. If the legalized theft of the consumer investor leads to hundreds of billions of dollars, it wouldn't take but a hundred million dollars a year paid to the right people to keep any laws off the books that would get in the way of the hedge funds still destroying start up companies.
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