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Innovation Pharmaceuticals IPIX
(Total Views: 128)
Posted On: 01/30/2018 12:38:53 PM
Post# of 72447
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Posted By: Drano
Interesting. Price was pushed up to .84 on a few trades, totaling 10,000 shares. Then immediately the next trade was at .81, followed by more downward movement.

What picture would this paint? Why, it might make someone look at this and think that the stock had topped and would now head down -- when in fact, if indeed it's just the manipulated move up (and then, perhaps, shorted? if not sold to someone who saw the price go up and panicked) -- this would present a very false picture.

Looking at the tape of trades today, it sure looks like the real trading range is up to .81, when you toss out those few outlier trades.

Remember, you can see the delayed tape of trades intraday at the Time and Sales link on the main IPIX page here. Direct link:

https://investorshangout.com/timeandsales/IPIX













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