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Innovation Pharmaceuticals IPIX
Posted On: 08/11/2016 11:02:14 AM
Post# of 72444
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Posted By: Drano
Re: B.Izzy #26215
Good work. I saw that 3000 share bid show up on the flawed, inaccurate but nevertheless somewhat useful free Level 2 quotes:

http://www.otcmarkets.com/stock/CTIX/quote

If it weren't for you, volume would be around 14,000 -- very, very low.

A 2500 share bid has shown up at 1.26 just as higher bids disappeared, without being filled. When the manipulators put in a fairly large share block at a lower price than last trade, they are trying to pull the price down. (yes it's in a way counterintuitive) Right now, though, there are about 1500 shares of supply at 1.29, and then nothing until a big block at 1.32. This is going to be interesting to watch.













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