No question that the noose is tightening on those that are short. 56% yesterday was huge. Available real shares are few and far between these days. Yesterday a long PM'd me an article that was published several years ago in Barrons asking if I thought the article was still relevant. It talked about how some firms were approaching large shareholders of stocks that were in short supply to see if they would be willing to lend them out to those that were short. To my knowledge nothing has changed and if any IPIX long reading this should be approached by their brokerage firm I would hope they would just say no. Having read posts claiming to be paid as much as 42% per day for lending shares I realize we are talking in some instances some serious cash but understand that by doing so you are helping the very people that tried to destroy the company you invested in and are hurting all your fellow shareholders. Just say no, please! Other things you can do to make life more miserable for those that are attacking our company is to make sure your account is designated as a cash account if you are not using margin. You can also set a very high sell order but doing that does have an element of risk so be very c very careful should you opt to do this and make sure you would be willing to part with your shares at that price because they just might get sold out from you. Last but not least if you intend to hold your shares long term, get some or all of them in certificate form, but make sure you check to see if there is any fee to do so first.
Go IPIX!!!
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Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
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