Patrick Cox who writes for Mauldin's TransTech Ale

Patrick Cox who writes for Mauldin's TransTech Alert trimmed his portfolio from 27 stocks down to 14 today. He is calling his new strategy the "Venture Capital Approach". Unfortunately IPIX was one of the 13 stocks along with GNMX, CERC, CWBR, CURR, GALT, ICLR, NVS, ONCS, OPK, PLSE, PTCHF and EYES that he "trimmed" from his portfolio. I first bought CTIX in 2011 from a Cox newsletter published by Agora. I have to believe many of his subscribers that follow his recommendations and do not closely follow IPIX will sell at these low levels. My thoughts on this are that number one Cox's track record is very poor. Number two is there are a lot of people that believe Cox is a trader and often pumps after he buys and sells after the pump. Cox will probably personally buy these 14 stocks tomorrow after they dip. Number three is that IMO anyone who sells at these low prices before big news comes out that could gap open the stock price is a sucker. With that said I would classify Cox, his followers that will blindly sell without due diligence and the shorts that take advantage of this short window as suckers or more specifically Cox suckers.