Kelt gets it. IPIX has been under attack by short sellers
Kelt gets it. IPIX has been under attack by short sellers for a long time. The shorts have employed bashers, hit pieces full of lies and class action lawsuits to try and destroy our investment. My simple daily FINRA post showing what the market makers reported as short volume that day is problematical for some. Trying to intimidate me in order to have me stop posting those numbers is problematical for me. We know there has been company generated dilution through the sale of shares to Aspire for purposes of raising necessary capital.
That is exactly why companies go public to begin with. To not accept the fact that the legal dilution is much greater than it would have been were short sellers not also flooding the market with air shares makes no sense. How many millions of shares did Aspire sell because the share price had been driven down by short sellers? Aspire did sign an agreement stating he would not short or hedge his financing and hopefully he has lived up to that pledge.
That being the case investors and company management should be mad as hell about the short sales. I hope when money is no longer an issue management will have forensic accounting completed and expose and prosecute those responsible.
In the meantime we are fortunate to have management that does not have its head in the sand and outstanding science which will hopefully help improve the life of millions around the world. The science will prevail.
Go IPIX!!!
PS We all also know that FINRA numbers are not accurate, look at the average volume number they report just as one example. We also know that they are reporting what is reported to them and MM's have been fined millions for marking short trades as being long a la UBSS and Credit Suisse but until the system is updated and corrected those are the numbers.
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