Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

The main 2 reasons some continue holding any IPCI shares regardless of how disgruntled some are, is the hope of a potential miracle turnaround or because some can use the loss against capital gains made elsewhere regardless of when they finally take it.

If it goes down further in the post r/s era for example, then they just get more losses to utilize against capital gains made elsewhere over the coming years.

The 3rd option as you just illustrated, is to take the loss now and immediately put the salvaged monies to work elsewhere, which clearly a multitude have already done over the past 13 months since last Julys disastrous adcom.

I'm not gonna lie as I too have sold shares since last julys disastrous adcom and put the monies salvaged to work in my Canadian weed plays. I even sold the shares I recently averaged down on when the potential reverse split SEDAR filing was first discovered.

The bottom line is everyone has to manage their portfolio according to their own methodologies for better or for worse...and quite frankly some remaining IPCI holders may not have capital gains elsewhere or have other stocks they feel more confident about investing in...so they just continue to hold and pray for a miracle turnaround in the post r/s era glty