re: IPIX >> NR rolled resets which had to be mark
Post# of 4611
you saw the classic NR ploy of feeding both a bid and ask
and not adjusting the size *showing* .. and prior bid becoming the UC ask
.. the other aspect about yesterday .. was 52 week low reset just 2 days ago
was reset again .. and of course the biggie for NR right now *imo*
doing volume maintenance .. 10 day hit then 90 day hit .. in the last hour yesterday
so the way this works *imo* is the next round down (sans news) will be 30c .. then 25c .. and half of 35c which imo is NRs' *goal* .. is .175c .. (or as i see it a range *if able* to get to 15c to 20c) .. i don't post this to scare anyone .. but NR is doing this relentless PPS compression on *LOW VOLUME* .. because NR desperately needs actual IPIX *shares* .. it is crystal clear to me that NR needs to hold a chunk of those 8M *shares* to try to control IPIX on the way up with news out of mgmt .. the more of those 8M *shares* that NR has to *utilize* in advance of mgmt's news ... the less NR has to *control*
usually nothing triggers retails' emotions more than watching PPS compression
something NR counts on along with seeding SMBs by multis to hammer home
how bad of an investment X target is .. yada yada yada .. we all know the drill put on by multis
so as much as folks don't want to hear about what gets marked daily .. it matters
and it's why i suspect we'll see few days with IPIX marked sub 30% .. rather the majority of them marked plus 40%
next up (dated data but worth noting) is what NR has to report on legal .. due out AH's next week
it took NR a year and a compressed price point from approx 75c to 35c to *cover* IPIX shares for their last *reporting* (oh yeah and imo access to at least 3M to 4M of those 8M *shares*)
https://investorshangout.com/post/view?id=5083140
so we shall see if *legal* rises .. or lowers .. in less than one week
IPIX currently (note the vol avgs) ..
Open 0.335
Day High 0.335
Day Low 0.326
Previous Close
06/20/2018 0.34
52-Week High
12/06/2017 1.17
52-Week Low
06/20/2018 0.326
Price Performance (Last 52 Weeks)
06/20/2018 -53.42%
Volume 38,325
Volume (10 day Average) 201,985
Volume (90 day Average) 207,592
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