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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I'm down with people being aware that naked short

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Post# of 72444
Posted On: 12/09/2016 12:44:35 PM
Posted By: BooDog
Re: TheHound #29330
I'm down with people being aware that naked short selling exists. Everyday posting it does nothing but cause a distraction because the numbers posted are really meaningless and thus a distraction. What would be really helpful is knowing the actual shares short and if that number is going up or down. If you compare CTIX to another stock that's being eaten alive by convertibles I think you'll see a clear difference. I think we have a group that has a large position and is easily controlling the price. Only heavy continuous volume will knock them out.
I guess the wording I used, "appreciate" was inaccurate. I do tolerate Alan posting his numbers every day. Getting the information of naked short selling helps everyone, but at the end of the day getting enough action on the stock to make the issue mute would be the ideal situation. And for that, we need Cellceutix to continue to excel. But I do feel it doesn't need to be posted every day.


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