Some people believe naked shorting was the main re
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Posted On: 10/28/2017 7:04:29 PM
Some people believe naked shorting was the main reason that the stock was in the 60-70 cents range. I disagreed by saying lack of major catalysts was the main reason, not naked shorting. After B-OM's trial completion PR on Thursday, the stock went from 70 to 84 cents on higher volume because investors/traders know the trial result is near. I expect the trend to continue next week as more investors/traders will get back in the stock in anticipation to a major catalyst.
If naked shorts were in control, why did they allow the stock to go up 20%?
If naked shorts were in control, why did they allow the stock to go up 20%?
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(1)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
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