Intellipharmaceutics International Inc. (IPCI)

[grill4thrills]

“Wonder how the market will react when we pass end of July without NDA-Filling?”

I wonder as well. Will anxiety prevail and punish this guy or will the market believe that the filing is so close a few more days/weeks is immaterial in the grand scheme of things? It would be an interesting event to see to say the least (not that this stock hasn’t already been interesting!).

However, I highly doubt we will ever see it actually play out that way. I’m expecting they have a quarterly update coming in mid-July or so. Back in April when they communicated “the next three months”, while it sounds concrete, in this world of development/project management, that’s rather ambiguous. I would expect a solid update during their quarterly in mid-July to re-align expectations which will give shareholders & the market a much more accurate filing date.

In that quarterly update, if they are not on track and/or they leave an ambiguous timeframe, the concern will show in the stock price. If they are on track and it will take just a few weeks after the quarterly update or less, I think you see the uptrend take off immediately from that point. I just think that tipping point will be mid-July after the quarterly update gives us all a better indication of status rather than the end of July which would be the run-out of the last communication in April. Good luck!