The follow-up question is, assuming they did naked
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Posted On: 06/09/2017 7:21:09 PM
The follow-up question is, assuming they did naked short all that, couldn't they just naked short a limitless amount of IPIX and use the proceeds to cover their CTIX obligation and tank IPIX at the same time? Or be on the long side of those naked shorts to have IPIX shares to cover their outstanding CTIX markers?
It seems like if they couldn't enforce such rules with the spotlight on CTIX for a couple years, what would be different about IPIX?
There seems to be clear market making games being played and there may be some element of naked shorting present but I don't think it's some big factor. Mako, Rosen, OTC exchange and tens of millions of shares flooding the market from Aruda/Aspire has been enough to explain the price over the past couple years for my satisfaction.
No panic today hints to me that there either is no significant hidden short presence here OR the name change doesn't change the game at all for them. I look forward to Monday and Tuesday but I don't expect much action.
It seems like if they couldn't enforce such rules with the spotlight on CTIX for a couple years, what would be different about IPIX?
There seems to be clear market making games being played and there may be some element of naked shorting present but I don't think it's some big factor. Mako, Rosen, OTC exchange and tens of millions of shares flooding the market from Aruda/Aspire has been enough to explain the price over the past couple years for my satisfaction.
No panic today hints to me that there either is no significant hidden short presence here OR the name change doesn't change the game at all for them. I look forward to Monday and Tuesday but I don't expect much action.
(2)
(2)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
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