Innovation Pharmaceuticals Inc (IPIX)

[stocksbelow1]

NITE and CDEL are now covering (first on the bid and ask) their short. MM's covering is a great signal to go long imo. Buy the rumor is in tact here, and if the top-line results are in-line with rumors (someone seems to like the rumors), there will be no/zero sell the news on this Name. We are looking good for incremental gains until top-line and then it all depends on top-line from there. I'll be long, and adding dips until top-line. They will be probably be recruiting other MM's to step up while they are covering. Watching L2 should be fun!!

$IPIX$