Intellipharmaceutics International Inc. (IPCI)

[hondobud]

So a couple things I am thinking here:
1. It's been a long hard wait, we are overdue.
2. Market / chart seems to be predicting nothing will be announced before an also lackluster quarter report. (BUT)
3. Is the upcoming Quarter result by itself going to be that bad or will there be smaller loss / profit / surprise to offset the threat of dilution?
3. If longs are selling why now? It doesn't make sense to sell now unless you've decided nothing could happen for a month and you can rebuy much lower.
4. How much lower can it go? Two Dollars? More? It does not seem that waiting for the 30 day wash rule for only .15 cents is worth it. Maybe if you reasoned it was going back to pre Focalin levels before news hits but that might be 60 or 90 days at the current pace. If it did go there I would be forced to double down and wait some more.
5. If Longs are not selling and with the low volume, I would argue the PPS is continuously manipulated by those MMs who aren't affected by a wash rule and just want to accumulate and average their PPS average down before news.
6. If this Penna fellow is all that he is touted to be, why join a failing company? I'm thinking he either offered or was enticed to join IPCI to speed up and streamline the approval process and work with the FDA to get some approvals along with some big incentives to move up some current projects quickly. I'm sure the company is working really hard to make something happen before the quarter report.

GLTA.