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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Drano: To expand on your point, it would take 6 da

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Post# of 72446
(Total Views: 345)
Posted On: 01/20/2018 10:11:24 AM
Posted By: AlanC
Re: Drano #41185
Drano: To expand on your point, it would take 6 days of selling by those who own shares without any new buying. When the kind of news comes we are hoping and waiting for there will be lots and lots of buying. Hopefully we gap up to the point where we qualify to uplist and when that happens we will attract institutional investors who tend to establish positions that they hold for years.
Our track record of trials and what the future portends will make it easy for mutual fund managers, etc. to take positions once we qualify. While manipulation and shorting will still occur it will be much more risky. I won't be a bit surprised to see some folks known as being notorious shorts who know how the game is being played and all the tricks used suddenly do a turnabout and become long term investors in IPIX as that is what is happening to OSTK at the moment. There is a battle ongoing between the shorts who are losing big bucks and former infamous shorts who are accumulating. Very very volatile and I would guess a trader's delight which I am not, with huge daily volume and big price swings. I am having fun owning and watching and will be very happy if and when the same happens to IPIX, Nice to see the shorts losing for a change and hoping we see that happen here soon. Go IPIX!!!


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