A question I believe many of us have during times
Post# of 72440
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Posted On: 04/11/2019 12:22:30 PM
A question I believe many of us have during times of large volume is just where the volume is originating; is it MOMO players (a plague on that AH Claytrader and his crew), new investors who were previously fence sitters, or the NR crowd just doing what they do?
IMO it is still too early in the game for all the volume, or even most of it, to be new investors. I also think after a successful PR saying that EMA agreed to a EU P3 for OM (whether or not they add any new requirements to the FDA requirements for the P3) that will still be too early for a great rash of new investors.
I think only a partnership with significant upfront monies with a well known BP will bring in the 10MM+ (maybe ++) daily volume that will significantly move the share price. Til then, I take the very, very conservative route and say all this current hoopla regarding the share price is simply window dressing by some faction not to the betterment of IPIX.
I read somewhere today a comment that they wouldn't mind if the day is flat to get rid of the MOMO crowd and I would be fine with that. If we go down, so be it, I just consider that NR digging themselves a deeper hole. If it goes up, I really don't want it to go up much as again I don't want to encourage the MOMO crowd to pile in here at this time.
I look forward to the EMA mtg PR but don't think that will really clear anything up as IMO a successful meeting is all but assured. Thus, the PR announcing the deal is the only foundational piece of news I want to see and which will turn the tide of our investment. Still more confident than ever that we will see such news within a short time - hope NLT end of month but learned to never set a hard deadline with this stock.
One last note, I don't believe IBD is going to be announced in the partnership along with the OM indication as I think there is still too much competition being negotiated at this time for that indication.
IMO it is still too early in the game for all the volume, or even most of it, to be new investors. I also think after a successful PR saying that EMA agreed to a EU P3 for OM (whether or not they add any new requirements to the FDA requirements for the P3) that will still be too early for a great rash of new investors.
I think only a partnership with significant upfront monies with a well known BP will bring in the 10MM+ (maybe ++) daily volume that will significantly move the share price. Til then, I take the very, very conservative route and say all this current hoopla regarding the share price is simply window dressing by some faction not to the betterment of IPIX.
I read somewhere today a comment that they wouldn't mind if the day is flat to get rid of the MOMO crowd and I would be fine with that. If we go down, so be it, I just consider that NR digging themselves a deeper hole. If it goes up, I really don't want it to go up much as again I don't want to encourage the MOMO crowd to pile in here at this time.
I look forward to the EMA mtg PR but don't think that will really clear anything up as IMO a successful meeting is all but assured. Thus, the PR announcing the deal is the only foundational piece of news I want to see and which will turn the tide of our investment. Still more confident than ever that we will see such news within a short time - hope NLT end of month but learned to never set a hard deadline with this stock.
One last note, I don't believe IBD is going to be announced in the partnership along with the OM indication as I think there is still too much competition being negotiated at this time for that indication.
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