Replies to post #342085 on Innovation Pharmaceuticals Inc (IPIX)

[FatAlbert1986]

Great strategy and I’ve heard this is the case with Fidelity before. I would call and see if this can be adjusted within your account or think about moving the assets to another brokerage. I find it weird they would keep this limit without being able to adjust it somehow and if it can’t be adjusted then maybe it’s time to use a different brokerage.

[thefamilyman]

That’s too close. I’m not sure that juice is worth the squeeze. Be careful...

Dr.Paddleboarder said,

Fidelity only allows me to set a 2 dollar price. Which I have on a all or none sale. This price does keep me edgy. When the news hits I will cancel and set the price much higher.

[attilathehunt]

Fidelity only allows me to set a 2 dollar price."


Be careful...I've seen where stocks were halted and the MM's were able to execute shares at higher prices and subsequently opened much higher. In the end, the MM wins and those that tried to limit the shorts lost.


It's best to keep not to place orders at higher prices. Just wait for the news to hit.

It reminds of a story about an old and young bull walking down the road...they come upon a fence and peered over...full of cows..the young bull said: Lets jump the fence and get us a cow...The old bull said: Lets walk around and get them all.

Don't lock your shares...Just wait. IMO

[Lemoncat]

Do not do that. If you believe there are naked shorts attacking don't put in GTC sell orders. They can just print up shares to sell, they dont need to borrow yours, right?

$2 is too low. $20 is probably too low. If you really sleep better with a $200 GTC then go for it...

It would suck for any long to get sold out at $2 because they believed a GTC stops shorting.

Go IPIX!