Part 2 to newbies: I want to make sure everyone i
Post# of 72446
(Total Views: 422)
Posted On: 07/04/2018 10:08:47 PM
Part 2 to newbies:
I want to make sure everyone is on the same page as far as what to expect with trading that could happen with IPIX shares between now and 9/30/18. There is strong evidence that there is a large presence of short sellers that have either legally or illegally shorted IPIX and are desperate for shares to cover their position before any major announcements drive the share price significantly up. I personally believe IPIX share price will be higher by 9/30/18 but I also believe it could be a very bumpy ride. The following are some do’s and don’ts that I hope you strongly consider:
DO Expect Share Price Volatility
Expect short sellers to attack IPIX with hit pieces and/or bashing from “biotech experts” like Adam Feuerstein who has a large following but is not very accurate or honest.
Don’t panic if/when IPIX share price trades lower.
Don’t read too much into heavy volume that can be manipulated with wash trades
Do NOT put in a Sell Order that is “Good till cancel”- Example is you bought at .70/share and feel like if you triple your money you will be happy so you put in an order to sell good till cancel at $2.10/share. A BP deal is announced one day and IPIX stock trading is halted and then opens at $3.50/share. Market Makers (MMs) will gladly grab your shares and fill your order that are valued at $3.50 but only give you the $2.10.
Do NOT use a Stop Loss Order- Example is that you decide to invest in IPIX but want to limit your downside to a 20% loss. You bought at .70 and put in a stop loss order at .56. Guess what happens when MMs and short sellers see your stop loss sitting there and are desperate for shares to cover their position? Short Sellers in conjunction with one of the less than honest Market Makers (MMs) walk the share price down to grab your shares and then walk the share price right back up. Last week the stock shot up over 50% in a single trading day. These volume and percentage changes can happen both up and down.
If you buy IPIX shares DO a “Limit Order” and not a “Market Order”. MMs have been in many cases taking advantage with large gaps between the Bid and Ask and will gouge retail market orders.
Once a major milestone is announced by IPIX there is a possibility that the share price may only slightly go up short term as MMs and short sellers will attempt to do a controlled share price increase. At some point momentum and supply/demand will adjust the share price to fair value but it is possible it won’t happen immediately following an announcement by IPIX.
In summary the best (and IMO only) way to invest in IPIX is to purchase only an amount that you feel comfortable losing and leave that investment alone until IPIX announces that they have met one or more of the 3 milestones. The most important of the milestones will be if/when a BP Royalty deal is announced. Once one or more of these 3 milestones are met you will be able to determine if you want to hang on for a larger payoff down the road or if you want to take some profits off the table. Do not get scared out of your shares by noise in the form of Fear, Uncertainty or Doubt (FUD) from “experts” or any entities that could be part of a larger group that may profit from an IPIX share decline.
I want to make sure everyone is on the same page as far as what to expect with trading that could happen with IPIX shares between now and 9/30/18. There is strong evidence that there is a large presence of short sellers that have either legally or illegally shorted IPIX and are desperate for shares to cover their position before any major announcements drive the share price significantly up. I personally believe IPIX share price will be higher by 9/30/18 but I also believe it could be a very bumpy ride. The following are some do’s and don’ts that I hope you strongly consider:
DO Expect Share Price Volatility
Expect short sellers to attack IPIX with hit pieces and/or bashing from “biotech experts” like Adam Feuerstein who has a large following but is not very accurate or honest.
Don’t panic if/when IPIX share price trades lower.
Don’t read too much into heavy volume that can be manipulated with wash trades
Do NOT put in a Sell Order that is “Good till cancel”- Example is you bought at .70/share and feel like if you triple your money you will be happy so you put in an order to sell good till cancel at $2.10/share. A BP deal is announced one day and IPIX stock trading is halted and then opens at $3.50/share. Market Makers (MMs) will gladly grab your shares and fill your order that are valued at $3.50 but only give you the $2.10.
Do NOT use a Stop Loss Order- Example is that you decide to invest in IPIX but want to limit your downside to a 20% loss. You bought at .70 and put in a stop loss order at .56. Guess what happens when MMs and short sellers see your stop loss sitting there and are desperate for shares to cover their position? Short Sellers in conjunction with one of the less than honest Market Makers (MMs) walk the share price down to grab your shares and then walk the share price right back up. Last week the stock shot up over 50% in a single trading day. These volume and percentage changes can happen both up and down.
If you buy IPIX shares DO a “Limit Order” and not a “Market Order”. MMs have been in many cases taking advantage with large gaps between the Bid and Ask and will gouge retail market orders.
Once a major milestone is announced by IPIX there is a possibility that the share price may only slightly go up short term as MMs and short sellers will attempt to do a controlled share price increase. At some point momentum and supply/demand will adjust the share price to fair value but it is possible it won’t happen immediately following an announcement by IPIX.
In summary the best (and IMO only) way to invest in IPIX is to purchase only an amount that you feel comfortable losing and leave that investment alone until IPIX announces that they have met one or more of the 3 milestones. The most important of the milestones will be if/when a BP Royalty deal is announced. Once one or more of these 3 milestones are met you will be able to determine if you want to hang on for a larger payoff down the road or if you want to take some profits off the table. Do not get scared out of your shares by noise in the form of Fear, Uncertainty or Doubt (FUD) from “experts” or any entities that could be part of a larger group that may profit from an IPIX share decline.
(8)
(0)