NONSENSE!!! The market is NOT "fed up" with anything! IPIX is a clinical stage, pre-revenue biotech with three separate, promising drug platforms all in clinical trials. Results from one of the platforms is due WITHIN DAYS, and is widely expected to be very positive. The share price in the past week has run up sharply on heavy volume in expectations of the imminent data release.
That's it. That explains price action. Nobody is "fed up" with anything! We ran up strongly, and share price has consolidated a bit, but is still holding above $1, which is in six month high territory.
Trading action this past week has been wonderful. News is imminent. To say other is simply false.
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