Replies to post #14275 on Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

My feeling is that this news is more important than an ANDA approval, and I believe it's caught the attention of major funds - but unlike you and me, they don't do anything without a committee meeting.

So my guess is that we'll be seeing heavier volume and a consistent creeping up share price in the near future as funds take a position.

Agreed Angelo:)

[Thedrugguru]

Spot on Angelofoca. I think today's trading is mostly retail taking their small gains. I bet more than 90% of the retail in the stock has no understanding of the significance of today's news. Like you said, I think funds start taking positions in a few days. Will be interesting to see if Tekla comes back in a big way.