TSXV:IPCI.H - Post by User
Post by
Nogah3on Jan 16, 2020 10:15pm
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Post# 30563294
Did you notice?
Did you notice?Hi all,
I spoke about this company's advancement (licensing out 3 drugs) for Q4 and its even greater potential which unfortunately the market does not understand. The final point I wished to raise awareness of was the price manipulation this morning.
There was one shareholder with >270K shares who entered extremely low ask prices this morning before market open. Of course, with the news that the the committee wasn't supporting the company's Oxycodone formulation, seeing ask prices in the range of 12 to 20 cents must have been devestating. I am sorry for those who felt pressured to sell by this malicious trick. That person gobbled hundreds of thousands of shares at a fifth of their value.
For the rest of you still holding shares, I would advise that you keep them and not listen to those who tell you to cut your losses. Why? Because as stated before, the company has made 3 recent signings that will grow revenue and this is not a company that has its eggs in one basket. PLUS, for those who went to the company's website to have a look at their pipeline, you'll notice that their real big gun (pregabalin, Market size >$5 Bil) is yet to come along with a few others in the making.
TL;DR -> hold your shares and you'll see the price slowly but surely rebound.
Take care