Replies to post #17960 on Intellipharmaceutics International Inc. (IPCI)

[AngeloFoca]

Every million share position will become about a dollar more expensive.....roughly, righty-o, Angelo?

no... not yet ... this is the low hanging fruit - initially it doesn't count ... when it gets to $3.50 a share and the long suffering longs are out... then each 1 million shares will = + $1.00 in share price.

There aren't that many shares available... so MM was probably naked shorting into the surge... the market closed because he's not willing to risk it further... he'll have to cover those naked short shares by dropping the price.