Replies to post #4301 on IntelGenx Tech Corp (fka IGXT)

[drbio45]

the market doesn't know anything.

I believe you are right, there is a very good chance it will be approved.

[TheRagman]

This is pennyland. It takes huge momentum to break pennyland rules, those being, spike up and drop over time. However, once IGXT starts manufacturing the new drug and making profits, the PPS should reflect the revenue. Investors new to the stock, will increase as the business becomes successful. Profits effect PPS, and currently the P/S ratio is negative.

[Pat]

FDA approval is NOT going to be the driver of higher share price. Partnership, or lack thereof, is what will drive the share price.

After approval comes on Thursday, I suspect the price will drop if there is no additional news provided by the company. The price will drop only because many will be disappointed that they didn't get their erroneously anticipated 50% bump in share price. Announcement of a partnership on Thursday? Disregard the above! <G> Unfortunately, I don't look for a partnership announcement on Thursday. I hope I'm wrong.

Pat