Intellipharmaceutics International Inc IPCIQ

Anyone selling this morning...

[pecuniam]

is a complete fool.

[pecuniam]

Thanks for the .19 cent shares. Ridiculous!

[TheAlligator]

The market has proven you wrong. As much as it might hurt mentally, its better to take the loss and move on even if you get 20 cents on the dollar. You don't know if this would slowly creep up to 40cents or go lower than 10 cents. You don't know how long it will take the stock to recover (if it can) couple weeks or couple years. IMO: take the loss, accept you've been proven wrong and

[driller1a]

.19 cents  Smart move this will close between .30-.40  Unless the company has issued an official news release stating they are out of business then this drop is unwarranted and panic based.

[driller1a]

...and if the company issues any news remotely positive .50-.60 cents without breaking a sweat.

[bigkagan]

it shows how dangerous is to apply to FDA for the second time after being rejected the first time - the same happened to another Canadian company recently, CORV, who also thought they did all the improvements necessary with their drug Brinavess but got rejected again and the stock got devastated.  It appears FDA likes to reject Canadian companies for some reason