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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I am holding for many multiples and not interested

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Post# of 72447
Posted On: 03/16/2016 11:58:22 AM
Posted By: Mo
I am holding for many multiples and not interested in selling a single share for under at least $5 but I have been observing the strange trading today. As of 11:24 after 2 hours of trading only 19,888 shares traded many of which are traded in odd lots. There has been a 30,400 bid at $1.18 and a 34,700 ask at 1.20 in place for over an hour with very small transactions on both sides of it. My guess whoever put those bid/asked in All-Or-Nothing designation on them to hold the stock in a very narrow range. News coming out? Anyone have thoughts on this other than the fact we all know the MMs are playing games?


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