Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I believe Odidi doesnt even look at the share price. Is likely so sure about his science and technologyhub that he already has the Number of the take over clearly in mind.
I would be fine to stay @ 3 for even another year if say in Jan 2018 we get bought out @ 30.
Please Sprot, share the answer you received if any. Otherwise it means you are Just fooling us around. Others here have shares Della answers.
Angelo, Numbers and all others involved... thank you so much for making your great dd digesting legal and technical docs which would be very complex to properly understand for me Who I am not english mother language.
Thank you again, sincerely
This probably explains why we are still waiting for the remaining stregnts to be approved; PAR took the FDA decision as a way to leave IPCI version behind in favour of its own.
Angelo I rember a spike as well when we upsto website showed decisive development towards the prodras patent.
Mopar if Memory serves well it was on a different day than that of the buyout rumor
where did you find the news ?
TIA
100K shares represent 0.6% of the company, I would say negligible except for the psicologycal effect (we could be likely go further down)
Cysonic, agreed on all points and strongly agreed in particular on the fact that Della has to accomplish a quantity of tasks which would stress even a zen master. LOL
concerning the other forum you cited, I think that you cited one the 2 "guys" which are the main manipulators (even more with real floating reduced to super low quantities).
Thanks Angelo, but lucky me htbx is just on my watch list...and when I wrote I was complaining by the fact of watchining it flying Just on the speculation of imminent data.
I too had a day of of losses on the 5 biotech I currently have
Thanks TJ....let's this is just thebeginning of their action
Surely they are under biiiig pressure. Just think how small they are and how many things they have on the table.
Add that Someone is trying to put them under negative light....
I really believe that Della is not having relaxing nights...and I think for the good
If it goes to 2.50 I will incremento for sure. But I'm not hoping it goes there.
Now sprot we Can say that filing or not filing by the stated deadline was completely a non-event.
It was programmare to go down in either cases
It's up to the company. If they believe/see something which looks irregular then they have to contact the SEC and Canadian market authority.
sorry, can't remember. just forget it, but you can Google for a lot of market manipulation stories, where a Group of person uses a lot of different accounts to get in control of small and microcaps.
Wimus, if we don't have institutionals coming onboard I fear "the game" could be prolonged for very long time, indipendently of company's success.
That's why I keep on stressing the concept of the floating; with a super tiny REAL float no fund is coming due to "liquidity" issues. No institutional coming = we are in the hands of a bunch of pirates.
I remember an article I read on the story of a company who was completely manipulated for years, even crushing the stock when the company was progressing in its business. In the end the persuaded the SEC to go deeper and finally had their revenge with the manipulators declared guilty of market misconduct and manipulation.
Mackie Research Capital. For those who live in Canada, I would try to do some dd on what this guys are doing with IPCI.
Their research report (already cited on this board) is bearish for the short term.
Would be interesting to know IF there will be some buying coming from Mackie clients.
Wouldn't be the first time (no just @ Mackie ) and won't be the last .
Noodle,
is it a positive or negeative tone ?
Thanks
"Doesn't sound like IPCI would be effected. "
Sprot, this time you may be right.
Impression is there are no buyers at the moment, the MM could force a violent down spike. It sounds ridicolous to me, but likely a good chance to increment.
GLTA
...and I believe that it would also be a great choice for IPCI as well; market penetration for Rexista partnered (or sold?) to Purdue would be much much faster (JMHO)
Sprot,
no offense, I hope you'll confirm the bad track record your have been having on your calls since last july.
My idea is that there's no more real floating; easy for the MM to take the share price down.
Wouldn't be surprise to see the real float at 15-20% of total shares outstanding.
Currently IPCI is not a biotech stocks; suddenlt it will be.
Hi Cysonic,
I agree with you: Purdue would be the "natural" buyer of IPCI. From their strategic point of view I see the partnership/buyout of IPCI as the main road (besides they have no problem at all to do whatever they want since they are not listed). It would also reshape Purdue image, now associated with opioid addiction and unethical behaviour (as seen from articles you posted).
We will see if our reasoning is shared by Purdue's management.
Let's hope for a partnership announcement by the end of the week, and let's hope for it to be definitively a game changer (don't want to see IPCI covered by the Mackie or Maxim anymore)
Agreed Desp,
I was Indeed referring to some kind of fantasy-deal which puts rexista and oxestanda in the hands of a big pharma for 1bln ...I repeat...fantasy-deal
Fingers crossed
Right Doog,but after a decent news coverage and company development we don't see insititutional buyings. We do see positive news and negative price action, which is Simply unbelievable. It really seems this stock is someone's toy
ipci market action is insane. Looks unreal to me. Completely disconnected from company's newsflow.
Hope we will make all of it in a Tobira's style.
I have htbx on my watch list as well
Timing of NDA announcement
Was re-reading the PR when it says "today announced that it has filed a New Drug Application (“NDA”)".
It was out early US morning on last friday; thursday was Thanksgiving, so when it was filed ? Likely wednesday.
So probably there was no way to hold announcement until today; either PR it Wednesday evening or as they did on friday morning (I'm not sure here about legal obligations should work on market disclosures).
I think the timing of the announcement is strictly realted to partnership deal closure...we will know very shortly.
GLTA
as we speak we are 5min without a trade..in a day like this...
we are on the verge of something explosive
Hope more than one big pocket guy is slowly accumulating, so that shares go from flip-floppers to long term investors, dramatically reducing the floating.
I strongly believe there is a group of traders which have been using IPCI like a toy over the last 3 yrs. as soon as someone stops their yo-yo gaming we move substantially higher.
Shorters are defending 2.30-2.35 area....if we pass it we will see some acceleration due to covering.
If not, with the partnership announcement I think they will get hurted pretty seriously
Some questions about the imminent partnership:
- IPCI just filed, this should put them in a stronger negotiating position ?
- possible upfront at filing now is out; so how does it work: bigger payment @ approval ?
- we should now have the exact date by which FDA has to give definitive answer on the filing, right ?
Great news.
This is a good point for IPCI credibility; no more room for speculating if or when or...they filed, as indicated whithin 4Q 2016.
This is also going to push away some possible market manipulation made by all those shorters and flip-floppers.
The company is really approaching a new era; now I'm with those who believe we well hear about partnership sooner than later.
GLTA
PS
Special mention to Doog because of his tenacious, informed and rational way of stressing it out that IPCI would have filed by november !
Let's say I'm Odidi and I want some little "Revenge" to those who tried through the market to push me out of the company's driver seat.
Today would be perfect for a huge announcement: US market closed, time to release the news and reach out every news pulisher, time to digest and put down serious projections on the company...
Tomorrow the 1.5mln shares short would make it very difficult to find sellers if not at multiple prices from yesterday's.
...but I'm not Odidi, so it won't happen
Sprot,
could be they will move to december, probably it is not up to them.
I think that it is becoming more apparent that the NDA filing seems to be linked to the PODRAS patent (as someone have many times hypothized here).
If that's the case, it will be most likely than not that the partnership Agreement involves in some form the PODRAS technology.
Maybe then if there is some selling it will be instantaneously more than recovered once the catalyst hit, which shoould happen sooner than later.
In the mean time let's hope for a ready to be market drug ANDA approval.
Real floating ?
After seeing many times over the last 5 or 6 days of volume inactivity I think that the real floating could be incredibly low.
Shares out are around 29Mln, of which 5.8Mln are Odidi's.
we can likely assume that over the last 60days the accumulation counted for around 2mln shares taken out.
If we sum up we long players we probably get to other 2mln shares.
so we should have something like 19Mln of floating and 1.5mln of shorts.
If IPCI delivers, looks like a bomb to me (JMBO...Just My Bomb Opinion)
This is a controller sale, not Just somebody Who wants out
To understand what is going on today we should know Who is the seller with 400k and if that quantities are Real and being progressive bought.
Who could be selling ?
For sure we have a buyer and looks good
Samsa, could it be possible that the to be IPCI partner was waiting for this kind of development and avdised accordingly?
Being Teva the potential partner.
If so we will know very soon
Agreed Cysonic,
During last trading days it happend several times to have more than 10/15 mins of no trades. I think that the floating was severely reduced.
What we really need is to have some insitutuals base.
Just went to see Short interest % for other IPCI competitors and it appears to be in the double digit for all of them (6.7% of float for IPCI).
Short Interest at new high levels, 1.54Mln shares short as of 31st of October.
Honestly surprising (to me) that the more we get closer to pending catalysts and the more this stock gets shorted.
We were @ 1.06Mln as of 15th of July.
Wanna see those shorts cry.
@Samsa: you see why there is no speculative upside for IPCI.
@everybody: IF the partnership will be BIG we will say bye bye to those shorters for ever. "IF" !
Thanks Angelo, that's a good confirmation.
Cysonic,
I think (hope) that the Rexista deal will cause much more than 1-1.5$ repricing. But it will all depends on its structure: the amount of upfront payment+installment at approval+royalties.
By the way, thanks for posting the patent status update
Numbers, website seems to be not properly working.
I'm not good at it but it seems Accord received approval for all dosages (??)
From the Orange Book I just got this:
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 25MG BASE AB ACCORD HEALTHCARE INC
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 50MG BASE AB ACCORD HEALTHCARE INC
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 100MG BASE AB ACCORD HEALTHCARE INC
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 200MG BASE AB ACCORD HEALTHCARE INC
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 300MG BASE AB ACCORD HEALTHCARE INC
RX QUETIAPINE FUMARATE QUETIAPINE FUMARATE A202152 TABLET ORAL EQ 400MG BASE AB ACCORD HEALTHCARE INC
by clicking on the Application number you can see for each of the dosages - Marketing Status: Prescription