Innovation Pharmaceuticals Inc (IPIX)

[TOB]

Those FINRA numbers do NOT represent short interest. Period. I've explained that in detail in a prior post, which has been linked to numerous times in response to these "report" posts.

The actual short interest for CTIX is tiny at this point, relative to the float. This because CTIX trades under $5. It requires high margin to short, and only a few brokers even allow it.

I look forward to significant short interest in CTIX because it will mean CTIX is up-listed and trading above $5

The shorts have sold thousands and thousands of shares that exist only as electronic markers in your brokerage account and continue to do so. If this were not happening the share price would be much higher than it is. -AlanC

False, there is no evidence of any of this with CTIX.

Abusive naked shorting is the cancer of our stock market and needs to be cured and eliminated. Ironic that during the financial crisis the investment banks begged for protection from naked shorting of their stock. -AlanC

What you describe would be illegal and there's no evidence of it with CTIX. Period.