is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Thank you. Yes. Bingo. MM's know what and who holds shares at any given time. whether the shares are dilutive or whether they are naked shorts, they know. They all know. Naked shorting is illegal, but that doesn't stop the MM's, if they get caught, its a slap on the wrist. It's easy to see on L2. IPIX day is coming. RBL results are extremely positive, as I expect In vivo (human) to be!
$IPIX$
I think many of us know not to expect interim results. I'm not a big fan of interim results. Let's get the full picture, and this name will fly. My opinion is that Leo has the end result in mind, based on the history of clinical trials with this name!
The price decline is normal for OTC stocks after news. Most of the stocks I'm in are the same. But remember this, MM's don't care. I watch them on level 2 daily, they are the problem, and the solution. They know it, and they flaunt it. Volume is the key. IPIX has no volume, so until then we will drift downward.
IPIX will be fine, as the trials progress we will find out if the RBL's study was indeed spot on, or not. My guess with a Selectivity Index of 426, we're on to something here.
Zero volume, wash trades, time to go fishing! GLTA longs!
IPIX, the little pharma that could!!
$IPIX$
I agree. You can bet your last dollar that they will unite against retail in one way or another that is legally grey. We are their bread and butter. Don't know what it is yet, but' we'll soon find out. Just like we'll find out soon enough with the Innovation Pharm Clinical Trials. Go Ipix, the little pharm that could!!
"The nonsense conspiracy theories about Big Pharma, naked shorts and all the rest"
It's interesting to me that a non-investor would post this. Because as an investor, with a little knowledge it is demonstrably clear that there is naked shorting by the MM's. Just watch ASCM (on other tickers) and NITE (on this ticker) for a few hours. They constantly undercut the ask, while on top of the bid with a buy a tick or two below the ask. Pretty simple to see. One reason why SEC is taking action.
GLTA longs!
$IPIX$
Yes, naked short selling does exist on the OTC. One of the things I do for a living is watch OTC stocks and how they behave. An example of naked shorts is when a specific MM is constantly cutting the ask, while on the bid. This is blatant and no denying (selling higher than buying in nano seconds, set up by their algo's). MM NITE did this exact thing on IPIX for most of the morning yesterday. Anyone saying that naked short selling doesn't exist on the OTC simply isn't looking at the right facts!
Thank you for your efforts, as well as twitter. They are much appreciated from this investor.
$IPIX$
Just out of curiosity, not meaning to be derogatory, but do you think the MM's have nothing to do with debt financing (toxic or otherwise) of any stock, OTC and/or otherwise? Maybe IPIX will be a learning experience for you. Toxic debt is here, and when it's gone, IPIX will be in the dollars. I think that's a given.
$IPIX$
I understand far more than you think, and I don't live in a fantasy land. I've been doing this a very long time, and have a very good idea of what is going on, especially in Bio land. I don't post much, but trade here often. GLTA, and IPIX i9s golden in my opinion.
This is all about financing that LE is forced to use because he is small/micro Pharma. MM's know which bank is the financier and they pile on the known MM who has all the shares. It's simple. It's not about the MM's as much as the financier. They (MM's) just pile on. Thought I made that clear.
Just curious, if your profiting along the way, then enjoy the bumps. It doesn't seem like you're enjoying the ride. This name is all about trial results, and we should know soon.
GLTA!
$IPIX$
In case anyone is new to this board is wondering why the continual decline since the last price moving PR, it's all about Market Maker knowledge and algorithms. The MM's know that there is a MM that has shares to sell at the market from debt of IPIX, Once its common knowledge, the rest of the MM's pile on. It's not complicated, it's very simple. CDEL has shares to sell, and other MM's pick up on that and pile on. I'm not a believer in shorts in the OTC, never have been. It's all about MM's and who has shares from toxic debt. Each and every MM knows the deal, and piles on.
IPIX will prevail soon with the trial in Russia and US. Once complete in the next week or two the results will be known soon thereafter, and no MM can keep us down.
GLTA!
$IPIX$
Agreed, but I try to keep in mind that we are in the OTC and have toxic (dilutive) financing which MM's take advantage of. That's what's going on here regarding PPS. Nothing more.
IPIX will be fine, and dilutive financing (regarding this Name) will be a thing of the past soon IMO.
$IPIX$
"And nothing substantial ever materializes. Ehrlich - huge on hype little on delivery".
Many of us that have an investment in IP actually think that getting B for C to a clinical trial is pretty substantial. Whether or not it shows efficacy is in B's (Brilacidin) hands now. AND, based on previous RBL's tests in vitro, and in vero, with a selectivity index of 426 vs Remdesivir's 126 we are hopeful for a good outcome, not only for our sakes as investors, but for humanity as well.
$IPIX$
Um, this has nothing to do with shorts or the CEO's lack of understanding of the market in which IPIX operates. It has everything to do with financing options and the effects of that. It's a small pharma, that is trying to gain entrance in the big pharma game with a great drug. It's not gonna happen without growing pains, which includes toxic financing!
IPIX will be fine, clinical trials will tell the tale.
$IPIX$
Red daily is unpleasant, but in our case with IPIX it's related to being a penny stock and not having access to good financing. For each ticker the MM's know which one of them holds the shares to dilute, and they take advantage of that knowledge to pile on. Seen it through my decades trading the OTC. I accumulate, others flip on the dips. Each to his/her own. The key is to know and understand the DD.
GLTA longs!
$IPIX$
I third that! IPIX will be fine. Clinical trials will tell the tale!
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Absolutely on point! Many don't have a clue, but then again, the opposite side might say many do! It could depend on the color of glasses you look through! All the best to longs! I'm comfortable with my money here!
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I'll be on the ask tomorrow as well. Might even offer a bit of bid support. These prices are a gift.
$IPIX$
Tried multiple times in the last 5 minutes to place buy orders for IPIX with my Schwab platform to no avail. I've never had that happen before. Anyone else experience that toward the end of the session today? Schwab has always been top notch for me, a bit concerning for this to happen within the last 5 minutes of trading.
$IPIX$
Thanks for posting in response to the "fundamentally unpleasant" comment. Context is important I'm sure. You seem like a fundamentally pleasant person, so there's that. IPIX will be fine, saw nothing in the Q that was concerning in the least bit. GLTA longs!
$IPIX$
After the NT 10Q filing this morning, a very good day. up about 9.9%. I for one appreciated a little embellishment for the reason(s) of the late filing.
$IPIX$
"Something appears to have come up that required more cash at once than could have been pulled from Aspire."
That certainly seems logical based on the Aspire restrictions. I see know reason for a CEO of a fledgling Pharm do anything at this point that could tarnish or ruin this Company in exchange for personal gain. Everything is on the line.
$IPIX$
Very cool. Most of us love birdies!!! I like the one in the hand vs the bush, really like birdies on the golf course, and now I'm hoping I'll like the "well informed" variety!!! Only a matter of time before B breaks free of pennyland!
$IPIX$
Thank you for this post! Very informative and adds credence that brilacidin has a good shot at success in human trials.
$IPIX$
Nice post, I cant imagine 90% of shares are not locked up pending trial news/updates. No one is selling at these levels. It’s all MM’s in cahoots with the one that has the debtor’s shares. When one Mm has shares for sale all MM’s know.
IPIX will be fine once trial update is announced!
Really no point in holding out ( not selling) if you have unlimited shares until those shares become limited. That’s my point. Shares at this point are infinite ( or plenty for simplicity), once they are finite things will change. So, trial is starting this week, and results will be known within a few weeks, and if good then dilutive shares will disappear quickly, and financing/money shouldn’t be near the issue it has been.
Go IPIX.
CDEL (infamous Citadel) seems to be the MM of the debtor, and yes the debt is not great terms, as you and others have pointed out (thank you for your incredible eye for detail, it is very much appreciated) and is there in black and white (filings) for us to see. What I think is happening, based on what I see on L2 day after day, week after week etc, is that CDEL is also naked shorting (notice how often they were buying/covering on the bid today after yesterdays run) which may or may not be the normal practice of OTC MM's (haha), and may or may not be legal, but what it does tell me, is that they know how many shares the debtor has in their storehouse and therefore will short unabashedly until those shares are drying up. Criminal, I don't know, but it should be IMO.
Lets go IPIX, the little Pharma that could!
Yep, but they are not buys (support), they are sells....
It's just noise, until trial results, but watching the L2 on the OTC, it's nothing new. Seems to me they are short the entire OTC. Probably works out well for them...lol!!
Hopefully soon we ROAST CDEL. Tired of seeing them on the ask ad nauseum.
Go IPIX, the little Pharma that could!!
An IRA is a cash account and as such your broker needs your permission to lend your shares to someone interested in short selling a ticker you own. If the security is in demand, you can profit from lending your shares in a cash account.
In a margin account, your shares can be loaned out without your permission for the most part (because when you sign up for a margin acct its in the paperwork that you sign).
Here is a link. Hopefully it comes through.
https://www.investopedia.com/ask/answers/100314/whats-difference-between-cash-account-and-margin-account.asp
I think many are here for the success of Brilacidin, not a nickel here and there! Trial starting this week, PPS is just starting to run at these levels IMO.
GL longs!
"Take those nickel profits if you got em".
Certainly not here for nickels!
$IPIX$
Seriously!!! This happens continuously on every ticker. This is not a conspiracy theory! MM's post on L2 whether your buy is a buy or a sell, and vice versa. I've tested it many times, been doing this a very long time.
There's no such thing as a sell order that was a buy?
Bid support looking good, let's see what power hour holds!
$IPIX$
100,000 share listed as a sell on L2 above the bid was in all likelihood a buy. Look for a strong close!
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Yes agreed, except it looks like buying and bid support is starting now. Could be a .30 close or better as support seems to be growing. Next week certainly could be a continuation of buying especially once confirmation of trial start! GLTA!
$IPIX$
Nice bid support and growing. Looking like retail taking an interest!!! Would not take much to push it over .30!
GO IPIX!
Indeed!! Lets see where science leads for sure. I think IPIX and Brilacidin is in the mix! Fauci will be a cog in the wheel or perhaps not. So far, a cog IMO.
$IPIX$
At some point the SEC will require complete transparency of OTC trading when its politically convenient or for some other reason it hurts the MM's pocketbook. Today NITE was on the ask with 2500 most of the afternoon that I watched L2, and no matter how much buying, that 2500 ask did not change. Might be the toxic debtor, but in this case I doubt it. Just blatant, and they get away with it because the offshore accounts screw us US traders that are prevented from shorting for the most part. Been doing this a long time, and I still don't have an offshore account, because I still believe the SEC will make the playground equal at some point.
Still all in on IPIX!
GLTA!!!
Family in healthcare, wife at the executive level. Fauci is underpaid! He deserves every penny! Not trying to be political, but I am, just not here on this board!
IPIX will be fine, our time is close!!!