Monday, May 20, 2019 1:59:12 PM
"Everyone knows NR wants to compress the price as much as possible" might be better said as "Some" rather than "Everyone".
I, for one, don't know any such thing. I'm unable to agree or disagree since I have no idea what you mean by this. All I know is that some traders with short positions would likely want the price down.
As a long holder, I want the price to go up. But, the constant usage of the term "NR" is something I simply don't understand. Odds are high that most reading this don't understand it either.
It appears to me that we had a recent pump n dump by some group and some caught up in it may have finally dumped at the recent news. I may be wrong, but, that makes more sense to me.
In Reply to 'petemantx'
Love/Hate are often said to be 2 sides of the same coin.
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.
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Be kinder than necessary, for everyone you meet is fighting some kind of battle.
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