Replies to post #3884 on Intellipharmaceutics International Inc. (IPCI)

[Pedro2004]

The company dilution will pull this down.

[BigDummy39]

Pullback on low volume after a great run is a GOOD sign and you know it...talk all you want Pedro...conference tomorrow and I expect little IPCI to have a nice pop from that...and then news...keep scalping pennies to try to get your money back from your short...I'll stay long here and be adding.

[rayank]

Sorry Pedro, but it is a good sign when the volume is low IMO and we have stabilized because it indicates that the selling is drying up!
Because since 10 trading days ago when we had our highs and the volume was also at highs, the price has gone down AND now we have leveled off in the $4.00 range. The volume HAS dried up, and I love it when it does that, because it indicates that the selling is almost done.
:-)
We are at he same price we were 9 trading days ago on much less volume.
:-)
The only time that volume drying up would not be considered a positive, is if the price was going up, because then you want the volume to go up along with the price, meaning that there would be new holders at higher levels driving the price up, but now that we have less sellers, the longer this continues and stays in a tight trading range, the better it usually is.
:-)
Ray