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Re: Amigo Mike post# 25527

Tuesday, 03/28/2017 1:23:28 PM

Tuesday, March 28, 2017 1:23:28 PM

Post# of 38634
Mike- In reality, when compared to other low float bios, the percentage of short shares is actually kind of low for IPCI. Who are the people that are short? If I had to guess I would say the market makers, maybe the holder of warrants/offering buyers and others??? I would like to hear what everyone else feels about who is short too. I don't think there are too many people just shorting IPCI as a long term trade however... If they actually did, they might be surprised when earnings start to improve... All this talk about short squeeze and percentage of short shares traded on a daily basis may be a little overblown. I hope everyone knows those numbers reported as short on a daily basis do include transactions that are really long. The way I understand it is they were actually only short momentarily and then covered immediately. I used to try and look at those sites that report short shares traded daily but you need to use so much interpretation it does not help that much. Lastly, short squeezes rarely happen and with the way traders sell the news on IPCI, I would venture to guess the last place a real short squeeze happens is IPCI.