Yeah, some aggressive fund raising there. I was
Post# of 72446
(Total Views: 496)
Posted On: 02/10/2018 1:37:03 PM
Yeah, some aggressive fund raising there.
I was estimating about 56K/day back in November based on the 10Q:
https://investorshangout.com/post/view?id=4833960
I got crapped on pretty hard for it but it looks like the number was actually about 25% higher than that. Thank you for shedding light on where the vast majority of the pressure on the stock is coming from. When the stock averages 100K-200K shares per day of volume and you know 70K/day is newly available shares being sold from fund raising it becomes very clear why the stock can't go up. No need for naked shorts to explain these things.
Thank you for breaking it down.
Go IPIX!
I was estimating about 56K/day back in November based on the 10Q:
https://investorshangout.com/post/view?id=4833960
I got crapped on pretty hard for it but it looks like the number was actually about 25% higher than that. Thank you for shedding light on where the vast majority of the pressure on the stock is coming from. When the stock averages 100K-200K shares per day of volume and you know 70K/day is newly available shares being sold from fund raising it becomes very clear why the stock can't go up. No need for naked shorts to explain these things.
Thank you for breaking it down.
Go IPIX!
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(1)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.