Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

PLEASE DO NOT DO THIS OR RECOMMEND THIS TO OTHERS.

Naked shorts don't need to borrow your shares...that's the whole point of naked shorting...they print their own temporary shares to sell. Setting a $2 GTC lets them off the hook with supply at $2/share.

The legal short interest is only 1-3 million. They will have no problems borrowing shares with 350M+ shares out there even if everyone on this board sets a GTC order (if it even prevents lending of your shares at all).

More importantly anyone with a $2/share GTC will get absolutely screwed out of a buyout or a gap up on big news.

If you need to believe in the GTC "anti-short" fantasy please make sure the amount is something very high like $20+.

Patient shareholders will get screwed by this advice for no reason.

Go IPIX!