imo *NR* needs to reintroduce the liquidity into I
Post# of 72440
their dilemma remains how to do this with less and less *traders* (this is why volume avgs matter when tracked for patterns) .. having relentlessly compressed PPS for how long now? .. and of course needing to *report* (and remaining in control) of an ever increasing daily reg sho % (roll those resets) against mgmt's ability to issue a total game changing update at any time
note the 10 and 90 avgs .. i refer to this as *algo trading* ..
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.77Up 0.01 (1.32 %)AS OF 12:35:34PM ET 01/30/2018
Last Trade 0.77
Trade Time 12:35:34pm ET
Change 0.01
% Change 1.32%
Bid 0.75
Bid Size 3098
Ask 0.775
Ask Size 4000
Open 0.76
Day High 0.84
Day Low 0.75
Previous Close
01/29/2018 0.76
52-Week High
12/06/2017 1.17
52-Week Low
05/10/2017 0.63
Price Performance (Last 52 Weeks)
01/29/2018 -26.21%
Volume 265,875
Volume (10 day Average) 24 2,068
Volume (90 day Average) 24 1,406
4kids
Quote:
Interesting. Price was pushed up to .84 on a few trades, totaling 10,000 shares. Then immediately the next trade was at .81, followed by more downward movement.
What picture would this paint? Why, it might make someone look at this and think that the stock had topped and would now head down -- when in fact, if indeed it's just the manipulated move up (and then, perhaps, shorted? if not sold to someone who saw the price go up and panicked) -- this would present a very false picture.
Looking at the tape of trades today, it sure looks like the real trading range is up to .81, when you toss out those few outlier trades.
Remember, you can see the delayed tape of trades intraday at the Time and Sales link on the main IPIX page here. Direct link:
https://investorshangout.com/timeandsales/IPIX