alan .. you might find this as telling as i did
Post# of 72440
you might find this as telling as i did ..
today was the 4th highest volume level traded on IPIX (CTIX) in 2017
i tend to track *imo* beyond visible patterns on OTC targets
and i doubt many will argue that Innovation Pharma hasn't been *targeted*
i track volume .. daily reg sho %s .. tapes of trades .. Monthly MM *decoys*
and when 52 week lows are reset (or when imo NR is getting close to that)
and i do so .. not for what is shown *per day* but for what is revealed over
weeks and months .. and in some cases years ..
so today's volume (and avgs) .. note the +30% marked in regards to volume total
PPS range today
Open 0.79
Day High 0.79
Day Low 0.69
$IPIX Volume 840,035
Volume (10 day Average) 271,265
Volume (90 day Average) 260,538
20170614|IPIX|271279|0|840035|O 32.29%
===
Apr 21 2017 0.86 0.70999 0.65499 0.8899 1,630,186
(CTIX) .. Volume 1,630,186
Volume (10 day Average) 274,575
Volume (90 day Average) 261,175
20170421|CTIX|304925|0|1630186|O 18.70%
===
Jan 23 2017 1.16999 1.07 1.00999 1.17999 938,097
(CTIX) Volume 938,097
Volume (10 day Average) 352,927
Volume (90 day Average) 175,161
20170123|CTIX|162149|0|938097|O 17.28%
===
Jan 17 2017 1.15999 1.07599 0.97 1.16999 1,814,643
(CTIX) Volume 1,814,643
Volume (10 day Average) 210,668
Volume (90 day Average) 151,159
20170117|CTIX|491069|0|1813043|O 27.08%
(1600 t trade/s bypass)
===
the pps compression underway (just using Jan data) from approx 1.17 to May
10th's *reset* of 63c .. and what i refer to as NR *rolling their resets (paper)*
with other entities and *volume* done to dilute %s .. makes this round today
rather revealing because of what they had to mark
factor in the 5.31.2017 settlement date for an increasing *legal* short ..
btw .. while i've posted the last few previously here .. thought it was worth seeing
what was *reported* .. .. in Jan 2017 .. (settlement date of 1.13.2017)
Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover
01/13/2017 Cellceutix Corp CTIX 784,114 795,301 -11,187 -1.41 390,950 2.01
mid point .. March 2017
03/15/2017 Cellceutix Corp CTIX 859,596 879,016 -19,420 -2.21 297,012 2.89
03/31/2017 Cellceutix Corp CTIX 849,619 859,596 -9,977 -1.16 492,310 1.73
to the last reported legal (settlement 5.31.2017)
05/31/2017 Cellceutix Corp CTIX 1,161,877 1,037,384 124,493 12 579,670 2
===
imo the *decision* to reset 52 week low on May 10th .. has been a disaster
that is *accumulating* daily .. mgmt's *surprise* tactics .. and *known* events
in play (i always keep the calendar in mind) will continue to put pressure on NR
NR can get some folks to sell .. when a stock is *stalled* .. (seemingly for perpetuity)
when a stock is relentlessly compressed (triggers all sorts of emotions)
and lastly when a stock is *run* .. note the obvious .. imo this recent round
appears to present a problem for NR in the (approx) 90c pps range
it will be interesting to see what NR has left to reveal ..
4kids
Quote:
IMHO if there has been any short covering today it has been legal shorts covering, not naked short covering. They will not cover until forced to do so.
Go IPIX!!!