one of the aspects that embeds do is to try and control *emotions* by FUD ..
which is why it helps to understand what factual data is noting ..
when one shorts .. they don't short $1000.00 .. they *short* by share count
so they short 1000 shares .. and then if they actually cover .. they *return* those 1000 shares .. and keep the $ difference at the price point shorted and price point covered ..
this is why noting actual *volume* matters .. a classic signal of an upside down entity .. is when *volume* falls off the proverbial cliff ..
so here is what the historical PPS on IPIX was on 8.31.17 and 8.31.18
notice PPS has been reduced approx 30c (this is math) but the *volume*
for the two dates is essentially the same
Date Open High Low Close* Adj Close** Volume
Aug 31, 2018 0.420 0.420 0.390 0.400 0.400 142,500
Aug 31, 2017 0.710 0.720 0.700 0.710 0.710 140,500
https://finance.yahoo.com/quote/IPIX/history?...equency=1d
now i used the 8.31 date because i want to show what YTD *volume* on IPIX is for 2017 (as of EO August) and 2018 ..
Finra rolls off each month as the new one comes in .. so not having to take my word for it .. one can simply deduct the volume shown for Sept 2017 from YTD volume to get YTD *volume* for August 2017
46,488,199 - 2,395,379 = 44,092,820
so @ the EO 8/2017 >> IPIX's YTD *volume* was 44,092,820
now here is what IPIX's YTD *volume* @ the EO August 2018 = 33,969,148
that is a difference of 10M *shares* .. to be totally factual it's 10,123,672
http://otce.finra.org/MonthlyShareVolume
this is why one has to understand why volume matters .. and how that volume is comprised .. (tape of trades) .. then one can begin to understand % marked and what actually gets *reported* re: legal
X entity is going out of their way to get Innovation Pharma investors to sell .. remember what i've noted consistently .. NR works *retail* usually in 2 ways .. take a stock PPS upward enough to part them .. or take it so low .. emotions get triggered .. and embeds' FUD is successful in creating doubt in one's own DD .. or just seeing *paper losses* .. some retail capitulates
the reason is math .. when NR *shorts* (and i do use that term rather loosely) they do by essentially cutting X pps in half .. so for example .. 65c to 70c .. becomes *a goal* of 30c to 35c .. then that goal get cuts in half .. and so it goes
this only works if *retail* actually sells .. which to be clear .. 10M *volume* difference from this time last year reveals .. it hasn't
and odds are *imo* .. this is something NR had to address .. it is equally likely NR (having tentacles imo in lots of places) gleaned something that had to be *handled* .. so we've got *volume* over back to back days and numerous 52 week low *resets* and sh*tloads of washed trades and decoys' resetting on both bid and ask (blocks) .. essentially more of the SOS DD .. only currently with more *volume*
imo NR needs *traders* to come back into IPIX .. (not talking embed trading crew/s) but imo retail traders long since squeezed out .. i'm watching to see if NR can get IPIX *volume* avgs up back to where they were back in 2015 (500k to 600k) .. we shall see
will try and post out just this week's tape of trades in total this weekend
time is beyond tight these days
currently .. ask @ 295 being *blocked* by 2 (LAFC/NITE) 2500 per and YOY %s (-) clearly have *leeway*
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.295Up 0.005 (1.72 %)AS OF 12:32:09PM ET 09/14/2018
Last Trade 0.295
Trade Time 12:32:09pm ET
Change 0.005
% Change 1.72%
Bid 0.29
Bid Size 5172
Ask 0.295
Ask Size 5000
Open 0.29
Day High 0.295
Day Low 0.262
Previous Close
09/13/2018 0.29
52-Week High
12/06/2017 1.17
52-Week Low
09/13/2018 0.2271
Price Performance (Last 52 Weeks)
09/13/2018 -61.59%
Volume 446,685
Volume (10 day Average) 342,088
Volume (90 day Average) 207,701
ETRF 0.29 5,172 12:26
NITE 0.282 2,500 11:33
CDEL 0.265 15,000 12:35
CSTI 0.251 2,500 09:32
VERT 0.24 2,500 09:31
LAFC 0.207 2,500 09/13
VNDM 0.2061 2,500 09/13
STXG 0.20 2,500 09/12
PUMA 0.20 2,500 08:10
CANT 0.0625 10,000 08:30
MAXM 0.0001 10,000 07:35
DBOX U 0 04/16
OTCX U 0 09:33
LAFC 0.295 2,500 09/13
NITE 0.295 2,500 11:35
CDEL 0.30 15,900 12:35
ETRF 0.30 2,500 11:47
CSTI 0.31 2,500 09:32
OTCX 0.32 16,000 11:35
VERT 0.38 2,500 09/13
CANT 0.46 2,500 08:30
VNDM 0.64 1,000 09/13
PUMA 0.70 1,000 08:10
STXG 2.00 100 10/05
MAXM 8.00 100 07:35
DBOX U 0 04/16
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