Incannex Healthcare Ltd (IXHL)

[luckydude777]

Your post is PRICELESS IMO in that shows a person can make a ton of money one week and loose it all the next with these cheaper priced stocks. Look no further than Market Makers being the "flipped shorts" running up a cheap stock as high as they can run it, and then when you go to your doctor's appointment, stop off at the store and buy some bread and butter, then get caught in a traffic snarl ... then FINALLY getting back to your computer at home to check your stock price ...

The "Long shorts" flip AGAIN and short the peewadin out of the stock AGAIN. And the previous "shorts" being? Market Makers. It's NOT the Timothy Sikes of the world. Market Makers and their friendly off shore hedge funds (that the SEC legally has no jurisdiction over what they do ... and that can mean a small boat a mile off the U.S. Eastern Coast with wireless capability to make stock trades at whim) run the stock as high as they can run them, and then short them as lows as necessary YET not so low that they can't find buyers to cover their short positions.

And THEN ... if the company has the scruples to keep giving out "tantalizing" PR's? Rinse and repeat. Market Makers will play this "game" indefinitely" as long as the company is willing to keep doing R/S and sucking fresh buyers into their stock with regular "juicy" PR's.

IMO ... and it really is my opinion, though strong felt ... is that the Market Makers showed their hand this last week. They saw no wisdom in running IXHL to $1.00. They saw GREATER wisdom in shorting it back down before it could break $.60 - .70 and push on up to a $1.00 and higher (which is where is REALLY belongs to be to you and I ... but MM's are not you and I. They are the sharks who want to make the easiest profit with the least amount of risk.

WHY do the MM's see less risk taking the share price down, probably back under $.40 after a couple of weeks roughly? Because they KNOW that the companies producing C-PAP machines are NOT going to let someone like IXHL take away their business. Won't matter long if a Phase 3 is successful. "Big Boys" will make certain it isn't going to put them out of business selling C-Paps.

AND ... the MM's know this. Which is why shorting on even short pops like this week makes them more money that pushing it to the $1.00 range and higher.

However ... I hope the MM's prove me wrong, and just for spite, decide to run this well over $1.00 and keep it there. They CAN, you know. Very easy for them. And I hope they do, for YOUR sake. Seems to me you could use a HUGE surge of some winback in this stock investing sanity destroyer called The Shock Market.