so to keep aspects in context .. it's worth noting
Post# of 72440
just over 2 weeks ago .. .. on Monday the 9th .. PR released by Innovation that
would subsequently be 8k'd
.. this was followed by a PR out one week later (16th) that would also be 8k'd .. and then for the current hat trick .. today's PR
IPIX News: Current Report Filing (8-k) 04/16/2018 01:18:08 PM
IPIX News: Current Report Filing (8-k) 04/09/2018 03:04:31 PM
currently as of this post .. today's PR hasn't been 8k'd .. imo it's 50/50 if it is due to the significance of Evonik
http://corporate.evonik.com/en/products/
http://www.ipharminc.com/financials/
historical below after today's efforts .. IPIX closes *even* .. on *imo* a desired volume total of 400k today .. which fell *short* (imo 300k was last week's goal)
note the 10 day and 90 day avgs (from 4.9.2018 to today) and the pps *decrease from 63c to 43c .. approx
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.443Up 0.00 (0.00 %)AS OF 3:59:54PM ET 04/23/2018
Last Trade 0.443
Trade Time 3:59:54pm ET
Change 0.00
% Change 0.00%
Open 0.445
Day High 0.456
Day Low 0.4275 ** my trade was lod (went off hidden .. bid set Pre Mkt day/limit @ .436)
Previous Close
04/20/2018 0.443
52-Week High
12/06/2017 1.17
52-Week Low
04/19/2018 0.41
Price Performance (Last 52 Weeks)
04/20/2018 -47.88%
Volume 342,283
Volume (10 day Average) 270,731
Volume (90 day Average) 229,346
HISTORICAL IPIX .. last 2 weeks +
Date Open High Low Close* Adj Close** Volume
Apr 23, 2018 0.445 0.456 0.428 0.435 0.435 342,283
Apr 20, 2018 0.440 0.470 0.420 0.440 0.440 303,200
Apr 19, 2018 0.460 0.480 0.410 0.420 0.420 508,900
Apr 18, 2018 0.490 0.500 0.460 0.470 0.470 270,700
Apr 17, 2018 0.530 0.530 0.480 0.490 0.490 265,900
Apr 16, 2018 0.510 0.510 0.480 0.500 0.500 296,000
Apr 13, 2018 0.500 0.530 0.490 0.510 0.510 181,000
Apr 12, 2018 0.550 0.550 0.500 0.510 0.510 198,200
Apr 11, 2018 0.590 0.590 0.520 0.530 0.530 172,300
Apr 10, 2018 0.600 0.630 0.570 0.570 0.570 116,100
Apr 09, 2018 0.610 0.630 0.550 0.580 0.580 391,300
Apr 06, 2018 0.560 0.600 0.550 0.600 0.600 100,800
so notice on the 9th (with volume) IPIX closes down on that 8k'd PR .. 2c (58c from 60c)
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.581Down -0.019 (-3.17 %)AS OF 3:59:54PM ET 04/09/2018
Last Trade 0.581
Trade Time 3:59:54pm ET
Change -0.019
% Change -3.17%
Open 0.61
Day High 0.63
Day Low 0.55
Previous Close
04/06/2018 0.60
52-Week High
12/06/2017 1.17
52-Week Low
03/21/2018 0.45
Price Performance (Last 52 Weeks)
04/06/2018 -36.51%
Volume 391,340
Volume (10 day Average) 90,757
Volume (90 day Average) 246,670
Read More: https://investorshangout.com/post/view?id=499...z5DWwBf3Uc
one week later on that 8k'd PR .. IPIX *closes down again from prior close on volume* .. (now 50c from 51c)
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.50Down -0.007 (-1.38 %)AS OF 3:59:59PM ET 04/16/2018
Last Trade 0.50
Trade Time 3:59:59pm ET
Change -0.007
% Change -1.38%
Open 0.51
Day High 0.51
Day Low 0.4798
Previous Close
04/13/2018 0.507
52-Week High
12/06/2017 1.17
52-Week Low
03/21/2018 0.45
Price Performance (Last 52 Weeks)
04/13/2018 -43.67%
Volume 295,972
Volume (10 day Average) 151,331
Volume (90 day Average) 243,964
Read More: https://investorshangout.com/post/view?id=500...z5DWvZhhqz
is it obvious yet?
NR has few options from this point onward .. noted earlier today
Quote:
just an fyi .. NR has 3 options in play going forward *imo*
they can get ever more stupid and take the PPS down (35c imo is next round if done) .. the problem there is longs will continue to buy and daily reg sho %s will keep morphing up the % food chain) .. it becomes pretty obvious which is why it has to be removed .. because the visuals don't lie .. unlike the embeds
second is what they have done for the last few years somewhat successfully because they've been able to control what i refer to as NRs' *orchestrated take ups* .. key here as i've pointed out is each round is done @ a lower and lower PPS price point .. the last *take up* stopped out @ 69c .. (i'd noted NRs' line in the sand being 70 - 75c) .. this time around imo the risk on NR being able to *CON-TROLL* the PPS take (up) is rather diminished .. we have a 52 week low *currently* of 41c .. which has been relentlessly compressed for 2 months now sub 63c (69 take up on *minor* volume) .. so this next round's price point (illegally manipulated UP) is maybe mid 50s .. if that
the third option NR has ..is hike volume (been done since 4.9.2018 significantly) .. and going forward ( due to ) what i refer to as a *laddered* take up by NR .. this is when
they do a % higher more than the %s done on the resets back .. so for example
each week going forward .. stock PPS increases .. by say 5 to 10c .. the take down is less (3c to 7c) .. what this does is bring in the *retail traders* .. and allows
CEs/NRs .. to *work* volume UPWARD .. but roll their resets in a very specific pricing channel
again news out of mgmt can totally obliterate any one of the above .. but never forget the adage re: NRs .. make an OTC targets' good news look bad .. and bad news look fatal
Read More: https://investorshangout.com/post/view?id=501...z5DWxDpP76
4kids