One only needs to google European dark pools to understand how naked shorting and large tranche buying and selling is done with anonymity and lack of reporting. Anyone reporting that it does not occur is purely talking nonsense and has an agenda. The question is whether or not naked shorting has and/or continues to be done to IPIX. We know it has been done in the past, guaranteed, so what’s the logical thought for present situation. Is there a cliche that states history tends to repeat itself? We know a large hedge fund wanted IPIX out of OM indication because they started the assault upon focus shift. They all called for IBD instead and mocked the shift from ABSSSI to OM. They tried to destroy IPIX to remove OM competition but got caught with COVID pants down. Sorry, not sorry.
Hedge funds and dark pools allow people to state they have no personal interest in IPIX but we know everyone is here for profits. The 2+ million shares legally short work in effect for two reasons. One, to leverage risk minimally just in case, and two, to use as protection to show later that the thought process was truly negative with intent. Shorting requires borrowing shares, not owning them. Figure out why it’s there then. We have many who claim IPIX and management are the worst thing since Fascist ruled Germany yet reported short interest is around 2 million shares for a company with 435 million shares or effectively .0045% of shares as shorted. Find another company with so many haters with this percentage of short. What does this truly mean? Easy to figure out motives as well as true thoughts of EVERYONE to what’s about to happen.
Enjoy the ride……
