Intellipharmaceutics International Inc. (IPCI)

[fabius]

Tek, I agree that based on current share price Rexista not being approved is already priced in. (less than 30mln mkt cap)

Honestly I do strongly hope that the company will make some kind of move BEFORE any kind of (possible) negative outcome by the FDA; and when I say move I mean something like partnership, a transaction generating cash and the like.

Otherwise I see the price being pushed to unimmaginable low levels, since we already had demonstration about how we can lose 15mln mkt cap (a decline of 0.5$ x 30mln shares) with several days of JUST 300K shares of volume (therefore ridicolously low), thanks to that bunch of nice guys playing the stock.

Let's see if Odidi had (and HAS) a plan B (in case of rexista setbacks) and he is now capable to deliver it with the required strategic timing (which is any day now)

JMHO