Innovus Pharmaceuticals Inc. (fka INNV)

[BooDog]

Proven revenue & cash positive potential for 2017. Fluticare will very likely be approved and compete with the others, its proven superiority over Flonase could bring in $1B a year, let's not forget how well Innovus is set up already for their marketing. How many countries? How many locations just here in the U.S.? Not worth trying to downplay the "if", more of the "when" imo. The FDA is slowly catching up on a very long backlog which they probably never really will catch up on. So this is in line.

Pretty much this has been in a sideways channel since August/September. 2016 has been an excellent year for Innovus. What LITTLE short interest some speak of is insignificant and a manipulation tactic, nothing more. Threat of tax selling? I'd think those that didn't take profits along the way have already realized a stop loss by now considering INNV is close to possibly testing .20 support which is still about .10 higher than the end of 2015 levels, again, another manipulation tactic some like to use. True support is .21 resistance .26. My levels differ as I mentioned yesterday which are very much intact.

my post yesterday...

BooDog Wednesday, 11/16/16 11:45:37 AM
Re: ShawnP123 post# 4384
Post # of 4405


I've been in a fair amount of short squeezes. And no, not everyone can short on the OTC, depends on the broker. Not to mention the average trader would be extremely foolish to short something that has the potential to wipe out their account in a matter of minutes. Sitting at .25? Yeah, not worth the risk to short. I'm showing only about 440k shares short (As of November 10, 2016, the registrant had 106,080,636 shares of common stock outstanding) http://otce.finra.org/ESI So really, shorts are non existent anyway.
People are grasping at straws trying to keep others away from this puppy imo. A lot of growth potential on their way to even being cash positive without the approval of fluticare. Bring that approval and this will (imo) easily skip right through the .60's. For now a .10 channel, with eyes watching on the sidelines. Bring in that buying pressure on good news and shorts are toast.
Not saying today or even this week. I'm more interested in watching the technical side for the moment. Support .24, .22 and .20 while we wait. Get closer to mid December I'm thinking this could cut through resistance to the .40's again. So, pretty much sideways.

This should be watched closely as it tests support and I will be using it as an opportunity. Many may have this in their IRA and not a regular tax/equity account. Buy on fear sell on glory right? Buy the anticipation, sell the presentation, buy low sell high. It's all in the books.

Some online and other useful books...

Toni Turner is very easy to read and understand without putting you to sleep.

A Beginner's Guide to Day Trading Online by Toni Turner www.toniturner.com
"Short Term Trading in the New Stock Market"

A Beginner's Guide to Short Term Trading by Toni Turner (for swing and position trading which i recommend)

How I made $2,000,000 in the Stock Market by Nicolas Darvas www.darvastrades.com (a good complimentary website to his trading style since he is not on this earth anymore to have his own official website)

The Candlestick Course by Steven Nison www.candlecharts.com

Trend Following by Michael Covel (some of the biggest traders in the world are Trend Followers including John Henry, Jerry Parker, Ed Seykota, The Turtles, Richard Dennis, William Eckhardt, Bill Dunn, Keith Campbell etc.) www.trendfollowing.com

Reminisces of a Stock Operator by Edwin Lefevre (about the legendary Jesse Livermore and how he thought about trading)

Market Wizards by Jack D. Schwager (about other traders mindsets)

New Market Wizards by Jack D. Schwager (same as above)

The Micro Cap Investor: Strategies for Making Big Returns in Small Companies by Robert Imperiale

The Guide for Pennystock Investing by Donny Lowy

Making Dollars with Pennies by R. Max Bowser

Penny stock Winners by R. Max Bowser

Mastering Microcaps by Daniel P. Coker
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All imo.



If you are losing sleep, it's because you're probably over leveraged. Know what you own but also know what market you own it in. Tactics of manipulation in this arena should be very apparent. Bringing Innovus cash positive in 2017 on increasing product line and revenue is an attainable goal imo and as stated by INNV.