IHL 0.00% 4.1¢ incannex healthcare limited

some may say its the perfect time. interest is gone, fomo is...

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    some may say its the perfect time. interest is gone, fomo is gone, hope is on the way out. when buying dries up it takes far less shares to instill fear and hit stops. its pretty clear the shorts outstanding have the capcity to wipe bid lines. and 32mil shares of volume waiting to be loaded onto the ask to smother any break out id say being short in a beaten down stock probably has an equal weighting to being long in terms of risk profile. those that can dont care for fundamentals when they have a clear timeline of expected news. just because ihl is down 75% doesnt mean it cant still drop another 50% from here and the way its looking theres probably shorter odds on 8c then 30c. if ive learnt anything from ihl its disconnect the emotion, just because you like a stock doesnt mean you have to always hold it
 
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Currently unlisted public company.

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