Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

Chart's set up now for the 50DMA to begin curling up and with the 200DMA still on the decline at .73 cents, we're set up for a golden cross to occur over the coming weeks provided IPCI mgmt. delivers enough progress from their pipeline soon that results in a fresh accumulation wave and a brand new era of optimism returning to this stock.

We gotta remember that this stock has been battered, beat up and bruised due to their generics progress to date and the constant disappointments of the past 4 years.

But with real and relevant progress now underway on their OxyContin NDA candidate again, probable progress on PODRAS coming, and mgmt. suggesting that a partnership for R&D on their Regabatin NDA candidate could arrive sometime in the back half of this year...the chances of IPCI finally putting the disappointments of the past 4+ years in their rear view mirror exist...provided they actually begin delivering fresh progress on PODRAS, Rexista and Regabatin now through EOY.

And at this stage I'll consider any positive generics progress nothing more than an added bonus.