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Innovation Pharmaceuticals IPIX
(Total Views: 355)
Posted On: 05/08/2019 5:27:21 PM
Post# of 72446
Posted By: DanDruff
Re: AlanC #55878
The continuous dilutions to the multi-family office and no Schedule 13G filed as of today indicate they have sold millions of real shares. You can see the actual numbers in the financial reports that they have received more than 5% of the total outstanding shares from IPIX. I know some don’t like to acknowledge that fact.

I’ve read all kinds of bad things about FINRA on this board and I agree they don’t have any credibility, but the short sales numbers posted by them seem to be 100% credible according to some. It’s an oxymoron to me.

Assuming no real shares were sold yesterday, that means 55% or 1.38 million of shares were fake. The purpose of naked shorting is to suppress the stock price using fake sharers. Do you know why naked shorts allowed the stock to go up 89% yesterday when they had 1.38 millions fake shares to sell?













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