Replies to post #130964 on Innovation Pharmaceuticals Inc (IPIX)

[scottsmith]

Vulnerable is only part of it. We all know many won't touch this stock on the pinks. We may even get some coverage once uplist happens.

[believer20]

Very very frustrating.

[loanranger]

"I'm saying that being on Nasdaq doesn't help."

In CTIX's case it would have helped at the time the uplist should have happened and would help now. This is also not entirely true:
"We will be just as vulnerable on Nasdaq."

A Nasdaq, or NYSE MKT listing for that matter, would have allowed inclusion in the Russell 2000....CTIX had an adequate market cap to qualify. Ironically today's CTIX market cap of $177M (per OTCMarkets) was the exact bottom of the qualifying range for the latest reconstitution of the 2000...obviously the CTIX market cap was well above that level at the time.
Inclusion in the Russell 2000 FORCES certain institutional funds to hold the shares and, absent certain extraordinary events, they must continue to hold them through at least the next reconstitution. This captive holding is sizable and would act to assist in putting a floor under the stock. I think it's fair to say that even if Mako and company felt they could profit from their shenanigans and went ahead with them, the share price would not have suffered as much as it did if that "locked in" position was in place.

[Ernesto]

Find a company on NASDAQ that has half the pipeline CTIX has that isn't 5x more valuable.

Uplist = 10 bagger very quickly.