Replies to post #17833 on Intellipharmaceutics International Inc. (IPCI)

[Despicable_Z]

Esp with a low exposure Company like IPCI. The spike after the last ringing spoke for itself for sure.

[Amigo Mike]

Ah,

No it did not perform as you describe.

Last time IPCI rang the opening bell on the NAZ(October 2010) this stock ran to the moon on insane dollar volume(from around $2 to +$6)...all catalysts don't have to be valuation driven...sometimes catalysts take the form of exposure...& logic strongly suggests that IPCI will be smart enough to book their re-scheduled opening bell on the NAZ festivities directly on the heels of 1 of their upcoming valuation driving catalysts...like a Rexista partnership perhaps!

$2.70-$3.25 range and $3.25 hit on FDA PR with 80,000 shares traded.

And it was on heals of FDA acceptance of Protonix ANDA filing which was the catalyst for price movement.

Ringing the bell does nothing.


Amigo Mike