great post and not to make anyone's eyes glaze over .. but

 
 
REAL-TIME LEVEL 2 QUOTE 
 
 
 
MPID	BID PRICE	SIZE	TIME 
 
GTSM	0.245	15,000	10:32 
 
CSTI	0.245	12,499	10:25 
 
ETRF	0.245	4,000	10:47 
 
CDEL	0.245	3,000	10:59 
 
NITE	0.228	2,587	10:26 
 
CFGN	0.171	5,000	05/11 
 
OTCX	0.17	10,000	10:25 
 
VERT	0.17	5,000	02/02 
 
VNDM	0.17	5,000	06/01 
 
PUMA	0.17	5,000	08:10 
 
SPLN	0.122	5,000	11/30 
 
INTL	U	0	07:35 
 
 
 
MPID	ASK PRICE	SIZE	TIME 
 
NITE	0.25	22,900	10:41 
 
CDEL	0.25	8,030	10:59 
 
CFGN	0.25	2,500	09:31 
 
ETRF	0.2512	10,000	10:13 
 
CSTI	0.26	7,000	10:53 
 
GTSM	0.2611	5,000	10:34 
 
PUMA	0.30	2,500	08:10 
 
OTCX	0.35	2,627	08:00 
 
SPLN	0.56	1,000	01/19 
 
VERT	0.56	1,000	02/02 
 
VNDM	0.56	1,000	06/01 
 
INTL	1.01	25,000	09:43 

 
 
Historical Short Volume Data for IPIX 
 
Date	Close	High	Low	Volume	Sht Vol	% of Vol Shtd 
 
Jun 01	NA	NA	NA	1,300,819 848,780  65.25% 
 
May 28	NA	NA	NA	760,059	436,330	57.41% 
 
May 27	NA	NA	NA	1,676,857 803,916  47.94% 
 
May 26	NA	NA	NA	481,002	220,371	45.81% 
 
May 25	NA	NA	NA	382,128	80,868	21.16% 
 
May 24	NA	NA	NA	751,383	390,465	51.97% 
 
May 21	NA	NA	NA	498,899	234,477	47.00% 
 
May 20	NA	NA	NA	544,976	176,669	32.42% 
 
May 19	NA	NA	NA	351,727	156,540	44.51% 
 
May 18	NA	NA	NA	1,221,480 320,516  26.24% 
 
May 17	NA	NA	NA	680,102	277,278	40.77% 
 
May 14	NA	NA	NA	705,298	279,909	39.69% 
 
May 13	NA	NA	NA	1,072,953 663,160  61.81% 
 
May 12	NA	NA	NA	1,402,536 626,938. 44.70% 
 
May 11	NA	NA	NA	943,831	441,123	46.74% 
 
May 10	NA	NA	NA	924,684	561,121	60.68% 
 
May 07	NA	NA	NA	1,065,233 355,958. 33.42% 
 
May 06	NA	NA	NA	604,961	304,598	50.35% 
 
May 05	NA	NA	NA	1,632,680 1,006,497  61.65% 
 
May 04	NA	NA	NA	1,499,714 741,440. 49.44% 
 
May 03	NA	NA	NA	1,421,481 705,184  49.61% 

Quote:

It is amusing that every time IPIX SP goes up a whole penny or so that some posters especially on other boards claim “shorts must be covering”. The following is JMHO but most Longs are able to connect the dots. The first thing you need to do is completely separate legally borrowed short selling shares vs illegal naked short selling. The criminal posters consistently try to blend the two to prove that naked short selling is a tin-foil-hat conspiracy theory. They are completely different entities with completely different goals. Legal shorts bet on a stock to go down and after it hits a targeted price point or once the risk/reward is no longer in their favor they cover their borrowed position, take their profits and move on. Illegal shorts target a company with the intention of initially crippling the company, forcing non-revenue targeted companies to issue additional shares (dilution) making the borrowing for capital increasingly expensive. The combination of expensive capital and increased dilution spiral the targeted company SP to an accelerated downward spiral. Targeted companies compound the problem by doing reverse stock splits. The hedge fund has a 90% success rate of putting their targets completely out of business. If/when the target goes out of business the hedge fund never has to cover their naked position and they pocket their tens of millions in profits with no recourse.

My opinion is that IPIX was artificially taken up from $2 or so to almost $5 to sucker in momentum investors. A coordinated compression campaign has been in place since at least 2015 that has included mirror trading by the MM’s and coordinated naked short selling from a hedge fund. The Mako hit piece and coordinated Rosen class action suit were all part of the criminal plan. Several paid criminal posters each with dozens of aliases were put in place to post FUD to assist in the criminal plan to force weak hands to sell. As the naked short selling increased, IPIX SP continued to slide. The SP compression went from $4.93, to $3 to $2 to $1.50 to $1 to .70 to .35 eventually to .05. In the most recent years IPIX has been forced into a tough position of issuing sub dollar stock to try to get Brilacidin to market. B-OM and B-IBD were seen as the quickest and least costly path to a drug approval. As terrible as COVID is for mankind it probably prevented IPIX SP from being further compressed until a point where B-IBD UC could became a success. COVID took everyone by surprise including the criminal hedge fund and complicated their criminal attack plan on IPIX forcing them to dig themselves into a much deeper NSS hole.

The daily FINRA numbers that AlanC posts are just a small piece of a much bigger picture. 4Kids occasionally posts monthly, yearly and multiple year data which paints a much clearer picture of the overall criminal footprint. The main question that investors need to ask is “Who is selling IPIX at current prices?” Investors understand the extreme upside for IPIX SP if the current B-CV19 trial is successful. Remember 90% of investors voted yes in the proxy to increase Authorized Shares from 300M to 600M shares. My take is that this is a critical vote of confidence that at least 90% of IPIX Longs know the long term value of what they own. So again who is selling? The criminals will point to Aspire and the MFO but even with the dilution since 2015 the numbers do not simply add up. A recent key point is that Leo has not diluted since 2/10/21 per the Q-10. KIPS Bay is actually holding on to their position and appear to be true long term investors. Look at the volume in the last 4 months and again ask who are the sellers required to complete a stock transaction? You need a buyer and a seller for every LEGAL share transaction. IMO roughly half of the transaction volume is MM mirror trades (fake volume). I would guess 80% of the remaining half or 40% or so of all the overall transaction volume since 2/10/21 is naked short selling (electronic vapor shares) that the criminals have piled on top of their already huge position.

Posters that claim that “shorts are covering” are either very naïve investors that don’t understand the raw numbers or are possibly non investors that are part of the criminal crew. Put yourself in the criminal’s shoes. If you have a massive naked position and your target now has a high percent chance at near term success, what do you do to minimize your losses? Keep in mind that this hedge fund has a 90% success rate and has made hundreds of millions illegally crushing most of their targeted companies. But IPIX with B-CV19 has now become a problem for them with the hedge fund being between a rock and a hard place. The hedge fund will never cover until they are forced to. A buyout of IPIX is probably 2-5 years out so they have time but it will get increasingly more costly for them to cover as IPIX science milestones are achieved.

Let’s say for example the criminals have a 300M to 400M share naked position. The current average daily volume of IPIX is around 1.2M shares. Maybe an average of half is mirror trades leaving only 600k shares traded daily. Using 80% of the remaining transactions maybe 480k of those shares are the hedge fund themselves adding to their naked position. With only 120k of legit shares traded daily, how can the criminal hedge fund unload 300M-400M shares without exploding the SP to $30 or $40 or $50+ per share? There is a major discrepancy in the supply/demand equation. They are trapped short term. They have to wait until legit volume increases to a point where long term investors start their exit strategies. They need real investors to sell real shares. They need IPIX to become a trading stock vs the current buy and hold that it is with stubborn and loyal investors. Once B-CV19 is a success a flood of new investors will become aware of IPIX and flock in to significantly drive up volume. Many of these investors will be momentum players trying to play a SP run from say $3 to $10 for example. The 90% of current loyal and stubborn Longs may start to unload 20% to 40% of their position in the $3-$10 range. The combination of the new momentum players and the current Longs initiating their exit strategies will START to give the criminals enough cover to begin the unwinding of their position. Even in the $3-$10 range the criminals cannot do an abrupt cover. This is why I believe we could see a seesaw upwards price action on IPIX SP as IPIX science milestones are met.

IMO transaction volume needs to be in the 10M+ shares per daily range before the criminals can covertly start a long and gradual cover. There could very well be an unexpected event or 2 that could force this gradual covering into a condensed timeframe. This would create the mother of all short squeezes that I have mentioned in the previous posts. Posters claiming that shorts are covering in a sub $3 SP range and prior to a consistent 10M+ in daily volume is laughable IMO. The rubber band of compression will snap in the opposite direction as positive milestones are met which should make for an enjoyable and profitable next few months.