Replies to post #18629 on Intellipharmaceutics International Inc. (IPCI)

[mopar44o]

You think maybe the company is selling some?

[ahasja]

Maybe the selling can also be explained by fatigué of long time investors, that are in deep minus and want to "save" their money. If you are pessimistic, you see IPCI running out of money without a partnership at the horizont. Think about it, how the SP develloped since the Keppra-News.

[AngeloFoca]

There are now almost 4 million more shares available due to the last offering.

These shares were sold for $1.61 to investors/traders who don't give a shit about IPCI or IPCI's future.

They are right now up 40% and that's good enough for them... since they only buy the shares in order to get the warrants anyway... if they can sell off the shares for break even or a small profit, that is fine with them.

They also then have warrants for almost 2 million shares... they will undoutably short against those warrants... use them as security in case it goes against them.

Say the stock pops to $6.00 on good news... they will be out there shorting and driving the price back down so they can cover at say $3.00 using the warrants as guarantees... and if it goes against them, and more good news is released, they always have the warrants to fall back on.

We need back to back good news to break their back... catch them with good news while they are heavily shorted to force them to exercise and relinquish their warrants.

Della Penna made one of the worst deals I've ever seen when he got in bed with those dogs... now we have and will have fleas!!! until institutions move in and buy up any shares the warrant holders will short.