Those who “get it” let their emotion affect th
Post# of 4611
I’ve been in biotechs long enough (decades) to know what’s happening. Cash is king in pre-revenue biotechs like IPIX. No matter how good the science is, the drugs can’t go anywhere without cash. Before a deal can happen, dilution is a major factor to the SP. I’ve shown Leo has sold 47M shares to Aspire since the first agreement. Without Aspre, I would agree to your NS theory.
If you look at the charts of successful companies like PCYC, REGN and JAZZ, they all have one thing in common. Before their first deal, their stock all went through a very long period of downtrend. Why? Because they needed to raise cash along the way via dilutions. IPIX is no different. Thoese are Nasdaq companies so you can’t say they were attacked by NS like IPIX on the OTC.
Why are you posting the FINRA #s if they aren’t accurate?
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PS We all also know that FINRA numbers are not accurate,