Tends to give “Life” to the notion that their is a Huge/Massive Naked/Dark Pool of Shorted shares in IPIX which can in turn have us see a one heck of a MOASS’s in a short time frame. There are other companies with a lot less potential trading at higher PPS values. At a minimum, IPIX should be trading at $1.25 a share in my opinion- Especially since we are 2 - 3 weeks away from TopLine results from the Phase 2 Clinical Trial on Brilacidin against COViD-19.
Anyone watching level 2 can see the block and tackle efforts of naughty knight and crafty citadel, especially end of day. Or actually any other time they're about to lose control of the ask.
But not for long...
Only until buying pressure overwhelms (good trial results). Why not start to unwind now and take it up slowly over the next weeks?