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Innovation Pharmaceuticals IPIX
Posted On: 08/21/2015 8:59:03 AM
Post# of 72446
Posted By: BooDog
Re: bejamin #12966
If you have the ability to watch the LII's you can see the flash trades probably from high frequency (HFT's) computers. They can take the steam out of any potential run unless there's enough buying power to overcome it. As the float moves into stronger hands you'll notice the volatility and the spread begin to widen. When I made my purchase on Wed @ 1.48 I had already had a buy order @ 1.36. as it neared 1.42 the spread opened up by about.03 or .05. That was my indicator that If I really wanted shares I was going to have to jump up. I could have just waited at 1.45 it turns out but the battle was on in the meantime. Seriously, I was moving my buy all over the place from 1.42 - 1.47 and not getting ANYTHING for more than 5 minutes. Getting frustrated I just moved to 1.48 for my fill. These games I see all the time and it's nuts!

Just waiting for this to push over $5 now. :-)













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