who asked me (trying to figure out if NR/non retail)
if IPIX (stock) would be seeing a *body slam* ..
IMO NR has no choice but to slowly but surely do a controlled take up of PPS .. but as we can see they have issues, which to be clear .. they wouldn't have if they hadn't injected 100s of Millions of bogus shares over the last several years to kill off the company.
Now the real issue imo (going forward) is whether LE learned lessons of NRs' behavior since EOY 2014.. If he has (and imo he has) .. news will come out that doesn't allow for NR to relentlessly compress PPS back down.
Today I was on the phone with another LT IP investor and noted to him .. that there was a professional (not retail) buyer showing upon occasion .. making a mockery of the blocking that NITE & ASCM did on IPIX's ask today.
ASCM was last utilized on IPIX in JAN 2021 (meaning that they actually reported transactions to Finra) .. that month IPIX had *volume* of 43M and change and ASCM reported 0.73% (6 out of 11 MMs/ECNs reporting).
See the pattern ..
I also noted to the long .. that imo NR is *under reporting* DRS%s (at least since early October) .. their go to % now is plus 50% .. imo it's closer to 70%~. And of course NR continues to *reset*. Now what is going to be interesting to observe .. is when NR (significantly upside down imo) loses *control* of IPIX.
IMO then IPIX will have a volume day that runs 30M to 50M~ (% of just how much NR is upside down on IPIX) ..
Never dull ..
EDITED IN .. (I can set my clock by this .. within 60 seconds of every post) .. hmmm how incredibly *revealing* that truly is
Quote:
Hi 4kids,
bettingbig disliked your post on Investors Hangout.
=====================
IPIX .. B/A as of this post .. granted it's pre-market
but imo worth noting who shows where re: l2
Bid 0.43
Bid Size 2500
Ask 0.445
Ask Size 7500
REAL-TIME LEVEL 2 QUOTE
MPID BID PRICE SIZE TIME
VERT 0.43 2,500 08:48 .. * has not been active in IPIX in over 12 mos
GTSM 0.42 2,500 08:35
OTCX 0.41 5,000 08:00
CFGN 0.40 2,500 08:52
ASCM 0.398 2,500 08:09
CSTI 0.386 2,500 08:30
NITE 0.3601 2,500 11/02
PUMA 0.20 2,500 08:10
SPLN 0.122 5,000 11/30
VNDM 0.122 5,000 11/02
CDEL U 0 07:25
INTL U 0 07:35
ETRF U 0 09:13
MPID ASK PRICE SIZE TIME
OTCX 0.445 2,500 09:03
ASCM 0.445 2,500 08:09
NITE 0.445 2,500 08:52
CSTI 0.45 2,500 08:30
GTSM 0.47 2,500 08:00
CFGN 0.49 2,500 08:52
VERT 0.50 2,500 07:51 .. * has not been active in IPIX in over 12 mos
PUMA 0.50 2,500 08:10
VNDM 0.5225 1,000 11/02
SPLN 0.56 1,000 01/19
CDEL U 0 07:25
INTL U 0 07:35
ETRF U 0 09:13
never dull ..
congrats to IP's mgmt and her long term investors re: today's news
EDITED IN .. make that 22k in t trade volume (watch to see if a % signal) and a relo/d B/A
Bid 0.44
Bid Size 2500
Ask 0.445
Ask Size 2500
Volume 22,000
Volume (10 day Average) 1,438,163
Volume (90 day Average) 1,189,959
REAL-TIME LEVEL 2 QUOTE
MPID BID PRICE SIZE TIME
VERT 0.44 2,500 09:23
GTSM 0.42 2,500 08:35
OTCX 0.41 5,000 09:24
CFGN 0.40 2,500 08:52
ASCM 0.398 2,500 08:09
CSTI 0.386 2,500 08:30
NITE 0.3601 2,500 11/02
PUMA 0.20 2,500 08:10
SPLN 0.122 5,000 11/30
VNDM 0.122 5,000 11/02
CDEL U 0 07:25
INTL U 0 07:35
ETRF U 0 09:13
MPID ASK PRICE SIZE TIME
ASCM 0.445 2,500 08:09
CSTI 0.45 2,500 08:30
NITE 0.455 2,500 09:23
OTCX 0.46 2,500 09:22
GTSM 0.47 2,500 08:00
CFGN 0.49 2,500 08:52
VERT 0.50 2,500 07:51
PUMA 0.50 2,500 08:10
VNDM 0.5225 1,000 11/02
SPLN 0.56 1,000 01/19
CDEL U 0 07:25
INTL U 0 07:35
ETRF U 0 09:13