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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

It may not be happening to the extremes as portray

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Post# of 72447
(Total Views: 332)
Posted On: 07/19/2018 5:06:29 PM
Posted By: NickAidenNY
Re: sox0407 #47462
It may not be happening to the extremes as portrayed but it is being done for a simple necessity by the MM’s. The MM’s must provide shares to the big boys like Etrade, TDAmeritrade and so on. When these companies call for securities the MMs will fill the order any which way they can to insure they fill the securities requested because if they don’t they don’t get called on again and risk losing their overall business. The OTC MMs work together as necessary and therefore “Naked Short” knowing the “wholesale” bids and asks can be minipulated with volume between each other. The problem is that sometimes the price increases exponentially and they are caught... most OTC companies allow for this to happen without much risk. The problem is they ran into IPIX and realized they are caught up more then they feel anywhere comfortable with.


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