Replies to post #3157 on IGC Pharma, Inc. (IGC)

[BiotechMoney18]

So whats your thought and longs on the pps movement for next wk? Got 1 more wk b4 the RS. After RS, Less shares so any move can be volatile. Company is still expanding. Thanks

[JohnCM]

I agree here. I was expecting a R/S.

Right that R/S is usually bad but typically a way for a poor company to continue selling shares of a failed operation.

This is purely to keep NYSE listing. I am long IGC.