Replies to post #7130 on IGC Pharma, Inc. (IGC)

[Estera]

You still long, the only difference your shares from otc will be transferred to nyse and ticker will be igc automatically.

[V1nc3]

And what do you mean ‘ I’m one of the shorts’? Are you shorting? If yes, you will be in trouble... if not then you are fine for the very short term imo. This can easily see 5-6$ on Tuesday alone. All the institutions will have faith again in them simply because they were able to convince the nyse board of coming back in only 5 months! This is not something like handing over a little note stating you want to be upgraded.

[Avispa]

Congrats on picking a "winner" as a new player in the field. My suggestion is be cautious in terms of the amount of money you put in (penny stocks) and in not getting over emotional. U should give yourself a clear cut goal like: "getting out if a stock is down a certain % (10%?) and up a certain % (50%). Anyway, this stock could easily double tomorrow. Be aware that whenever there is a name change (IGCC to IGC), it will take a few days before U will be able to sell your old (IGCC) stocks. Traders will be able to buy and sell the new symbol (IGC), but not the old ones (IGCC) right away. Traders probably will keep (some of) the old ones (IGCC) if they expect a continuous increase is SP after conversion.