$IPIX .63 would actually be double bottom. Then we're looking much further back which means anything can happen. Didn't moma tell you not to catch a falling knife? $IPIX is so over manipulated. Yesterdays and todays action tells me the group that has been in control is trying like hell to hold it down and rebuild their position. If longs would just get a grip they'd be out of luck. I'm in total buy/accumulation mode. Next buy set for .61 to round off the IRA in a big way. IF it fills.
What I have seen so many times, when topline is decent, not beautiful, but decent, shortly after full data is released, boom. That's the easy button for me. And there's still 2 other drugs in the pipeline pending results/data. Prurisol and then kevetrin (likely January for kevetrin).
So, I can wait. Amazing how the morons are coming out of the wood work trying to beat it down more. Part of it is the claytrader effect. IMO of course. Either way, we're sitting at decent support to build from here.
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