Today could be a breakout day for CTIX! The risk managers
Today could be a breakout day for CTIX! The risk managers for those short have to be very concerned. Not only did they lose the Rosen case but CTIX incentivized the law firm by granting options which when exercised will generate cash for CTIX and no doubt millions for the law firm truly a win win for CTIX.
Meanwhile the company continues with its 100% trial success rate and investors continue to accumulate the non existent shares being sold at blue light special prices which could generate monstrous losses for them when repurchased.
So far this week 355,499 of these markers have been purchased by investors according to FINRA. (one out of every trwo shares sold so far this week is counterfeit). The bashers working the boards are not cutting it and longs continue to buy rather than sell. Should be an interesting rest of the week as the shorts do not like to lose so expect the unexpected. (In the past they would often get the SEC involved but with the Rosen case results being fresh that may not be an option as they have scoured searching for dirt and failed to find any)
So perhaps their only option is to allow CTIX to run long and hard and then recoup their losses by shorting down from the peak.
Stay tuned as no matter what happens it won't be boring imho. Go CTIX!!!
Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
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