Tuesday, February 23, 2021 7:06:57 PM
The "market" is slanted quite steeply to ensure these people make money first and if any is left over, the scraps per se, that is left for the foolish retail so they stay in the game (quite a lot like going to Vegas, right?). This can be seen by the amount of yearly profit reported by firms such as Chase, Goldman Sachs, and such that way over half their profits (read this somewhere so not positive) come from non-transparent pools. We also see major hedge funds being fed info on upcoming trading by Robinhood and such apps so the hedge funds can front run and make profits on every trade (kind of like knowing the results of a horse race before the horses leave the gate).
So it is no surprise that IPIX, having no revenue yet having substantial expenses for clinical trials would have to resort to VERY COSTLY terms to raise financing.
That is why the stock price is low and the trading so heavily off kilter to be a joke. It's just the game of the market and how it is played.
IPIX is doing a great job fighting this and it only has a chance to succeed (IMO a very good chance) because we have drugs that are mind blowing and will benefit the world tremendously.
To all new investors, IPIX share price will continue to peak and fall in dramatic rushes as MMs make their weekly profits. It will only change when IPIX secures large grants and is able to PR a successful human trial such that it is apparent Brilacidin will be able to be prescribed via an EUA (emergency use authorization). That will start money rolling in and financing issues a thing of the past.
Hang tough, for in the end IPIX looking strong.
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
FEATURED Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • Jun 14, 2024 2:07 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM