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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Much of the volume that you see on these high volu

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Post# of 72446
Posted On: 06/14/2016 10:01:46 AM
Posted By: AlanC
Re: Drano #24060
Much of the volume that you see on these high volume days is wash trading.
Wash trades are utilized to lower the FINRA percentage, walk down the price and simulate selling. Investors are not selling CTIX they are accumulating as they are able and the shorts problem grows larger with each passing day. Forget about the legal short, that is a good thing for the stock as those folks have borrowed shares and will cover when news warrants it. The only short we need be concerned about is the naked shorter which is likely one of the investment banks or one of the major insurance companies shorting via an offshore entity. All of them would deny that they do this but if you recall all of the banks denied making liar loans as well. lol The science is going to win and I look forward to Leo dropping the bomb! Go CTIX!!!


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