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Innovation Pharmaceuticals IPIX
(Total Views: 203)
Posted On: 03/23/2018 10:28:29 AM
Post# of 72446
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Posted By: Drano
Re: grotty #43544
I think Alan's point is this (at least, MY point is this):

We don't know if the number of shares outstanding is correct -- there are plenty of mistakes by data suppliers. All we know for sure is what the company tells us in the quarterly and annual reports.

If indeed the data reported by the various brokers etc are correct, as Alan says we do not know if an increase in shares is indeed selling to Aspire, OR if it is being issued to other entities for things like salaries or other work done for hire.

IF the stock in fact is sold to Aspire, we do NOT know if they are selling it or holding it.

So to conclude that:
a figure reported as the outstanding share count is correct,
and to then conclude that any increase in share count is stock sold to Aspire,
and then to conclude that Aspire turned around and sold it all into the market -
is ONLY speculation that is based on assumptions that are unproven and, at this time, unprovable.

It is NOT a fact that Aspire is buying shares, and then selling them, and that we can figure out the average daily shares sold. We don't even know if Aspire has bought shares, much less all the other assumptions based on that claim.

Grotty is absolutely correct, much of what is posted here is speculation. None of us has inside information.
And no one can state with certainty that any entity is buying or selling shares.













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