Monday, May 20, 2019 9:06:26 AM
In terms of IPIX, Walk Down/Trading Opportunity IMO are also two sides of the same coin.
Everyone knows NR wants to compress the price as much as possible, while news from mgt makes it appear an influx of partner cash payments could be right around the corner. One side wants the price to drop and the other wants it to rise.
For the price drop, NR simply has to keep doing what they have been doing while for the price rise current longs have to keep buying or new eyes must start investing in IPIX. Thus, the down side has an easier time doing their thing in between news releases.
I am a long, a solid long, and I will continue to buy this week as I feel NR will continue to walk the price down. My thinking is that within a matter of a few weeks my buy now could be worth at least 10 times what I pay today. What else could a penny stock player hope for in a stock?
So is the walk down a disaster or an opportunity? All depends on how you look at it and how you think the current unsigned term sheet for UP/UPS (and possible other indications such as OM) turn out in the next few weeks. As to selling, the risk/reward percentages IMO scream for everyone to hold all current positions. But that is strictly a personal decision which each investor must decide for their personal circumstances.
Make the current price volatility your friend by doing your DD. Opportunities like this don't come but once or twice in a lifetime.
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM