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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

What I've seen so far this week has been MM's grad

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Post# of 72447
(Total Views: 105)
Posted On: 01/19/2018 10:27:06 AM
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Posted By: Kelt
Re: Drano #41160
What I've seen so far this week has been MM's gradually walking the price down each day.Volume low in the AM and then "magically" we are at 150K-200K vol.at the close.
Seems that MM's don't want "real" buyers and real buyers don't want to buy just to see MM's drop the price after they buy.By afternoon,buyers have a better sense of where MM's are headed and then buying (accumulating) picks up a little in what is now a cat and mouse game.

This could also have an effect on any run up we "should" be getting as we approach the coming milestones over the next 4-6 weeks.Will MM's be able to keep the herd in the corral or will there be a breakout and stampede?

Your guess is as good as mine.

Kelt


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