Replies to post #145871 on Innovation Pharmaceuticals Inc (IPIX)

[BooDog]

03/31/2016 Cellceutix Corporation Common CTIX Other OTC 734,146 741,973 -7,827 -1.05 415,109 1.77

I think monitoring short interest daily would just be for entertainment. bi weekly or monthly has the best input for analysis imo. Really where it comes into play is when a good portion of the float is held by shorts. That's where true short squeeze potential lies. Not really seeing it here, shorts would be following event/catalyst potential even more than the average Joe. A stock like this can have immediate devastating volatility to both sides though the greatest risk is to shorts. Not just because of the fees for holding over night but the margin calls can happen very quickly.
Cellceutix has so much coming in such a short time frame now it would, imo, be ludicrous to be short. Buy on rumor, sell on news is just starting to build momentum. And if the news is as good as some hope/believe it will be, well, that would just add the right mix of jet fuel to crush shorty. Cellceutix is moving right along.

http://otce.finra.org/ESI

http://shortsqueeze.com/?symbol=ctix&submit=Short+Quote%99


http://online.wsj.com/mdc/public/page/2_3062-shtamex_N-listing.html

AlanC Monday, 04/25/16 07:28:39 PM
Re: septmike09 post# 145869
Post # of 145890

FINRA short sales of CTIX
20160425|CTIX|145886|0|296372|O
49% of today's volume was short sales!
Go CTIX!!!