Replies to post #21939 on Intellipharmaceutics International Inc. (IPCI)

[Garden Rose]

Simple, if news is expected as it is here from FDA, that news is always baked into price before the announcement. If the price is plummeting, the street already knows that the news is not as good as anticipated. If price really takes off before news announcement, the street already knows that the news is good.

Now if we get back up to near $3.00 before the news is announced, we should anticipate that the news is better.

Also, watch for a volume surge before news is announced.