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Friday, October 14, 2016 2:49:16 PM
I believe the company has methodically issued these pr's and now big money is getting on board thus the hold pattern to load up and rest the chart a bit. Our golden cross is in play. More volume than we have ever seen before in such a short period of time.
I see no-one commented on Samsa's post last week citing the public summary changes from the FDA, published 10-6, putting more meat into patent claims, made by companies, being supported by the data in the NDA's filing's. I think IPCI knew those were coming but until they had the actual revisions in hand choose to give a last generic public comment of the filing to be filed by the end of 4th qtr (Nov) to give time for the review. The changes aren't effective until 12-6-16 but why chance a potential problem filing, without feeling compliance is at hand. Anyhow that's how I see it. Hopefully we'll hear an update on that filing at the conference next week.
https://www.thestreet.com/story/13853677/1/intellipharmaceutics-to-present-at-dawson-james-securities-growth-stock-conference.html
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