drano .. you might find this of interest .. @

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4kids 4kids #35833
2,039
drano ..

you might find this of interest ..

@ 3:39PM today .. i placed a small IPIX bid (596 shares) @ 99c via FIDO

my thinking was 2 fold .. first provide a smidge of bid support and 2nd
to see how bid and potentially trade .. handled ..



Status Pending Cancel
Symbol IPIX
Description INNOVATION PHARMACEUTICALS INC COM
Action Buy
Quantity 596 Shares
Route KNIGHT EQUITY MARKETS, L.P.
Order Type Limit at $0.99
Time in Force Day
Order Expiration 04:00 PM ET
Conditions None
Trade Type Cash
Market Session Standard
Order Date 07/13/2017, 03:39:32 PM ET


bid was *rounded* up to 1000 .. (offset = 404) bid was immediately jumped
(another bid went above it .. albeit briefly)

then check out how many *trades* went off @ 99c without my small bid being filled ..

and note all the mirrored trades of those trades ..

lastly .. FIDO routed thru NITE .. but *MM* showing vla l2 was ETRF ..
which is telling at least to me because it's usually CDEL or CSTI if routed
via NITE ..

so *trades* .. .. from when i placed my bid .. done @ 99c (mind you with 1000
showing for size) .. came to 16200 (if my dyslexia due to serious visible patterns in play isn't acting up)

see all the mirrored trades .. count the ways/trades/pps and the hidden
paint to close IPIX *down



15:59:47 0.995 100 OTO
15:59:02 1.00 1100 OTO
15:58:08 0.99 1000 OTO
15:54:15 0.99 600 OTO
15:54:14 0.995 2200 OTO
15:54:14 0.99 2200 OTO
15:54:09 0.995 1100 OTO
15:54:09 0.99 1100 OTO
15:54:08 0.995 1100 OTO
15:54:08 0.99 1100 OTO
15:53:24 0.99 600 OTO
15:53:21 0.995 2200 OTO
15:53:21 0.99 2200 OTO
15:53:07 0.995 1100 OTO
15:53:07 0.99 1100 OTO
15:53:04 0.995 1100 OTO
15:53:04 0.99 1100 OTO
15:51:54 0.99 800 OTO
15:51:51 0.99 1100 OTO
15:51:50 0.99 1100 OTO
15:51:49 0.99 1000 OTO
15:40:03 0.995 500 OTO
15:37:07 0.995 4000 OTO
15:35:42 0.995 1000 OTO


at the time .. my notes

Detailed Quote:IPIX .. hmmmm note the NC on bid (me)
INNOVATION PHARMACEUTICALS INC
0.99Down -0.01 (-1.00 %)AS OF 3:51:54PM ET 07/13/2017


Bid 0.99
Bid Size 1000

ETRF	0.99	1,000	15:40 
CDEL 0.985 1,000 15:24



Ask 1.00
Ask Size 42309

CDEL	1.00	42,209	15:24 
VERT 1.00 100 15:35


$IPIX .. Volume 120,822
Volume (10 day Average) 291,900
Volume (90 day Average) 272,474


and for the EOD .. note *volume* and l2

Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.995Down -0.005 (-0.50 %)AS OF 3:59:47PM ET 07/13/2017


Bid 0.99
Bid Size 1000

ETRF	0.99	1,000	15:40 
CDEL 0.985 1,000 15:58



Ask 1.00
Ask Size 39309

CDEL	1.00	39,209	15:58 
VERT 1.00 100 15:35



$IPIX .. Volume 141,822
Volume (10 day Average) 291,900
Volume (90 day Average) 272,474


i have to say i am curious to see what gets marked tonight
usually when i see this kind of *trading* go off .. it's being done
to *dilute* daily reg sho %s that MMs' have to mark .. we shall see


4kids














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