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Re: bluelucky post# 34691

Thursday, 05/03/2018 2:09:07 PM

Thursday, May 03, 2018 2:09:07 PM

Post# of 38634
Blue- You have to remember that these shorts have always been privy to good info on IPCI. They likely know no news is coming before the NASDAQ hearing. Lots of uncertainty surrounding that hearing. So I think they are being aggressive and trying to get people to sell in the low 30s. That way they can cover. I do believe they don't want to go into the NASDAQ hearing with a full short position. No real buyers at this level, so they control the price. Insider purchases right now would be helpful for longs.