INDAPTUS THERAPEUTICS (INDP)

[TJG]

Really, then where is your DD on the split.. other then its in an 8-K as just being authorized...

I posted the link to the Nasdaq rule that states they must give 15 days prior notice before it goes into effect..

I posted the link to the Nasdaq Stock Split Calendar so you or anyone can see when its coming

I posted the rules on being Nasdaq delinquent and how after 30 days they can file for a 180 day extension...

I post that Nasdaq and NYES have halted the de listing while the pandemic is still going on...

I have give all the people who read here facts as to why there is no RS coming..

You and you helper there, new new IHUB know it all's have posted nothing but one thing... RS RS RS RS ...you sound like chicken little running around... your our comic relief while we wait on the Meric collaboration news.

[Bullkidz]

Jump in that bat mobile and drive to unicorn land

[TJG]

hahahhaahah now that is as funny a post as I have seen in my 15+ years of trading... I would suggest you do some DD on me before you make an even bigger fool of yourself...

We have all seen your shtick its as common as white socks... I have explained to you in depth why there was a RS filed...you on the other hand have nothing to show why they will do it..nothing but some notion that you can get cheaper shares...

The first give away of a guy who is doing what you do is telling the world what a big time trader you are...listing your enormous shares and trying to make everyone think you have a big stake in the game... you have nothing but a computer screen and a basement

[TJG]

I know your knew here but are you knew to trading... do you know what Nasdaq delinquent means... do you know what failure to maintain the minimum bid means... or are you just required to keep saying RS RS RS RS...

Do some DD on the Nasdaq and you will see that any stock that is delinquent past the 30 days will most likely file for a reverse split of IF NEED BE THEY CAN DO IT TO MAINTAIN THEIR LISTING ON THE NASDAQ.

Thats the answer to why... problem is very few ever have to enact it... these guys wont...so listen very carefully THERE IS NO RS COMING.

[Eugene_Oregon]

Pumping into a Reverse Split, no ethics, no morals.

[Eugene_Oregon]

He's just a common pumper.

[Ronaldera2]

No

[Eugene_Oregon]

Reverse Split, Did you get an answer to it?

[BringMeMoney]

Those who kept mentioning about the RS becase they want the stock to go down, so they can buy it cheap and sell it high. That's their intentions.

[TJG]

Another person add to the attack I see... could not get it done with just one spouting RS in every post now he has a partner... There is a authorized RS based on one thing...They are below the minimum bid and its a precaution that all possible de-listed NASDAQ stocks take..

There was a form 4 filed and the directors all made purchases ... who does a purchase and then reverse splits the shares they bought...they could have bought after the split they authorized if there were going to do it. So you and you buddy can just move along.

[Eugene_Oregon]

It might go lower if RS is on the way. Who would hold into a reverse split?

[Eugene_Oregon]

Most likely a pump before reverse split.

[TJG]

Nope if Pre Market is any indication its headed back down...

[TJG]

Lets see if the sudden burst yesterday gives fuel to today and we can crack the .50 level.

[Outcast27]

The Company has a research collaboration with Merck & Co. is what I really like....

The Company’s Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism.

Think they have something that may help many.....

[TJG]

There were a couple of Twitter posts on news is due and this is a perfect swing trade... those posts went up 52 minutes ago around the same time the jump in the PPS occurred...

[TJG]

Nothing anywhere that I see..no news no filings no institutional buying or insider buying... not sure what cause that jump.

[Outcast27]

You have any News ...??

[Outcast27]

Yep, ok with me..

[rated r superstar]

Somethings up

[Outcast27]

This just blasted off, must have got some good news...???

[TJG]

The RS is simply not a factor for anyone with trading experience... here keep this link and check it daily... also look at it...you can see what is on the current list and when its going to take place..take particular notice of the symbols at the bottom... note when they were announced...today and not when they go into effect... around two weeks from their announcement date...

https://www.nasdaq.com/market-activity/stock-splits

[Bullkidz]

Of course there are shorts they are betting on a RS. Which is why I said they need a substantial buy program in place. What many of these companies have been doing is run up the stock and take advantage of financing at higher levels. But it's based on a catalyst for that buy program. This is where HC Wainwright has been a big player in these deals.

[TJG]

Not saying it did not break down...but your wrong on the RS as the reason...its short selling that is causing the crash... the 8-K came out way before the run up and no one paid any attention to it...then it ran and they beat it down and defeated the cover that would have been required... so it becomes up to the company to either combat the shorts or simply give into them

[Bullkidz]

My instincts are right unfortunately totally broke down last week with a flip of switch. Traded like a Two hour wonder that one morning. In the 30's like clockwork.

[TJG]

Right now what is killing this is the shorts... company needs to address that is what they need to do.

[TJG]

uh?.... they have to give 15 days notice...so why would you hesitate... just buy and sell if they put out the 15 day notice. And in the mean time while you shaking over a possible RS they could put out a update on one of the Phase trials they have out and it runs to a dollar and you lose a lot of profit all over the fear of it may or may not RS... thats how inexperienced traders trade... they cant trade on their own they need people to tell them when to buy and when to sell... until one day the light goes on and they figure it out on their own.. GLTY figuring it out.

[Bullkidz]

Exactly point is while RS looms it's a ll a guessing game unless there is a massive buy program to get it over a buck. Which is what it looked like last week but fell apart.

[TJG]

Companies usually will not announce there is no RS they just do not vote in favor of it when the time comes. So while that looms it causes weakness that's all.

Uh no thats not how it works... they already voted for the RS...Board authorized it in the 8-K that was filed...there is a last day execution on the voted for RS... when that day arrives and if there they have not done the RS then its no longer valid and if they wanted to do it they would then have to go thru the authorization process all over again

Some of the rules for a RS:
https://budgeting.thenest.com/reverse-stock-split-rules-22480.html#:~:text=Other%20Rules,of%20shares%20a%20company%20has.

Documentation
Reverse stock splits are costly and require detailed filings with the respective stock exchange. NASDAQ requires a minimum of 15 days advance notice before the split takes effect. (note it says takes effect not authorized) The company must indicate in its notice whether it was the shareholders or the company board who voted for and approved the split. The NYSE charges companies a $15,000 application fee for reverse stock splits.

The United States Securities and Exchange Commission, which oversees corporate stock activity, indicates that shareholder approval is not required for a reverse stock split, but companies must notify shareholders of the move on its 8-K, 10-Q and 10-K form filings. Additional items included in the exchange filing are the ratio of the split, changes in outstanding shares and par value of the stock and any amendments to company articles of incorporation.

Again you are chasing boogie men here.

[Bullkidz]

Too risky shorting these penny stocks. I am a position trader look for my entry points. Companies usually will not announce there is no RS they just do not vote in favor of it when the time comes. So while that looms it causes weakness that's all.

[TJG]

Its still classified as a NASDAQ stock and can be shorted...penny stocks or OTC stocks can not... doesn't matter who you follow that has nothing to do with shorting... what matters is you can not post a single thing with out reference to the RS possibility and any fool knows that RS is not a good thing when it comes to this type of stock...

As long as those directors who filed the form 4's dont file another one that shows they sold their shares...then we can say the RS is not on the table at the present time..

[Bullkidz]

lol I don't short penny stocks. Been trading all these HC Wainright deals. DFFN, KTOV, BIOC, NOVN, NTEC. As I said before as long as idea of RS looms without other news this will drift back to where it was before which is low 30's possibly 28. Then there will be a play on it again.

[TJG]

So lets see you continue to say a RS is most likely but yet your now going to say your buying at a level that would almost certainly force them to do a RS... you make zero sense...other then your continued negative shows thru each post for what you really are... a shorter.

[Bullkidz]

I have my buy order in at 28 cents. Let's see if I get hit this week

[ipo_dude]

No-one ever really knows.

we just wait and enjoy the speculation game

[Bullkidz]

There must still be uncertainty about RS or IMO the stock would have ripped through a dollar on that last run. Obviously shorts took over. So unless there is definitive news about no RS which there never is, this stock will need a real catalyst soon to push higher again. Or it will dwindle back down to low 30's.

[TJG]

Well since that article is a month old... seems odd to put it up, what with the recent fall from .78 down to the low .40's

[0210]

Traders now reset @low 40s. How and Why? Click here.***

***these traders do 9x & 40x trades more than E-Trade & Charles Schwab customers, respectively.

[0210]

NTEC Upgraded to Strong Buy: WHY >>>>>> Click here.

[0210]

PPS Range 7/27 thru 8/3: $ 0.41(low) - $0.721(high) vs. $0.4305 current pps.

Calculation For Trading:
Resistance Level (R3): 0.534
Resistance Level (R2): 0.512
Resistance Level (R1): 0.477

Pivot Point: 0.455
Support Level (S1): 0.420
Support Level (S2): 0.398
Support Level (S3): 0.364

SOURCE: Click Here.

[Supersue]

https://www.barchart.com/stocks/quotes/NTEC/opinion

[Supersue]

NTEC OPTIONS. https://www.barchart.com/stocks/quotes/NTEC/options

[ipo_dude]

????

[Supersue]

NTEC .40 is absolute bottom IMO.

[Supersue]

Options .05 load up imo.

[0210]

adding dip...

"For the fiscal year ending December 2020, this company is expected to earn -$0.23 per share, + 78.9% from the year-ago reported number."

[MasterBlastr]

I agree could lose the entire move here. Chart needs to be reset.

[ClayTrader]

* * $NTEC Video Chart 07-23-2020 * *

Link to Video - click here to watch the technical chart video

[Bullkidz]

What is there to get a grip about. Same thing happened with NOVN BIOC KTOV. Traded out of all of those and made money. Bought KTOV back at 72 cents bough back BIOC at 64 and getting ready to buy back NOVN. Without news in next few trading days NTEC will drift back into 30s or even back to 28 cents again. It's not going to $3 without a RS. Maybe it goes over a buck like the others then back down to 50 cents

[Joeymc77]

Lol get a grip