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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

My thoughts posted on the other board: SP keeps

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Post# of 72445
Posted On: 12/02/2016 8:29:31 PM
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Posted By: Kelt
My thoughts posted on the other board:

SP keeps drifting down because real investors are waiting for more news and not piling in buying yet.MM's are (as usual) helping shorts and keeping prices low.Bashers are not affecting the SP but possibly keeping investors sitting on the fence who might otherwise open or add to a position.Waiting for the "absolute bottom".SP always declines when the news is sparse.Right now CTIX is not a trading stock.Just a ping pong ball between MM's and shorts.Technicals mean little at this point as the trading is "artificial".

Kelt


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