Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

Retails are fearing the shorts right now and for good reason. If one sells during panic (again nothing has changed with the company other than a hit piece and COO change) then they sustain real losses.

Sometimes it's hard to remember that shorts have to cover at some point and there are many catalysts for the stock. They won't want to stay short for a long period of time.

Hence, I'm buying and will continue to hold the large position I have. I'll add another 25-50k shares through the end of the week as the opportunity presents itself.