Quote:it's hard to know .. i can tell you watching live on Friday .. it was a total snoozefest (in that it was the SOS DD .. aka same ole' sh*t .. different day) for most of the day .. the usual feeds/resets at both bid and ask (decoys) with sizes adjusting sometimes but not always .. but that all changed in the last hour .. and to me it looked like (for a very brief period of time) that NR was losing the *ask* side (which has been clamped down on imo for more weeks than i care to remember) .. NR imo regained control at the EOD .. which makes me always ? whether it was just a set up/head fake or something else .. if news comes out of mgmt on Monday .. imo NR got wind of it .. if there is no news .. it's quite possible one NR entity was playing another NR entity .. or it's equally possible someone really wanted in in a big way .. it is very hard to know .. but a few facts help going forward ..
well i'm a little wiser today .. after *efforts*
if one noticed B/A right b4 mkt opened and just after mkt open .. the *spread* was obnoxious .. again not something *retail* is known for
b4 ..
Bid 0.38
Bid Size 5000
Ask 0.565
Ask Size 1000
and just after ..
Bid 0.451
Bid Size 5480
Ask 0.55
Ask Size 9925
the second obvious issue pertains to the lack of *volume* follow thru .. i watch specifically for 10 and 90 volume avgs being met (and what time of the trading day actually hit)
note the obvious for IPIX today re: *volume*
IPIX Volume 139,753
Volume (10 day Average) 153,101
Volume (90 day Average) 194,770
i will reiterate that when NR takes a *target* too low .. they squeeze out retail traders
what remains are retail investors .. NR/and trading crews who collude to illegally
manipulate equities .. but especially *vulnerable* equities on the OTC
this is why *volume* matters .. so today NR couldn't even do algo volume maintenance
another aspect (and why i wondered if we were seeing another *trading crew* enter IPIX on Friday) .. is because for a very long time .. NR has worked IPIX down @ almost every turn with YOY%s hitting -30s (%) .. like clockwork .. NR *imo* has allowed IPIX a few turns *up* when YOY %s .. show (what i refer to as) leeway .. meaning YOY %s *show* in the -40s/-50s
this was what happened after EO last week ..
Price Perform ance (Last 52 Weeks)
09/07/2018 -23.65%
not exactly what this UPSIDE DOWN NR ENTITY .. is known for .. taking IPIX UP and reducing YOY %s
one last thing .. i've noticed .. on RT l2 .. for weeks the *clamp* NR displayed on the *ask* (and i do use that term rather loosely) .. was 46c .. today it was 53c
it will be interesting to see if that 53c *range* holds .. or is worked back down to 46c .. over the coming days ..
never dull .. oh and don't forget .. if anyone wants to ferret out the *decoys* (shown) by NR on IPIX .. it's not difficult .. just pull up August's MM Monthly
http://otce.finra.org/MonthlyShareVolume
input IPIX (or Innovation) in search .. click on August 2018 .. and then on the right side click rank to tile MMs (there are 10 who reported for August 2018) ..
note who doesn't *report* for August 2018 (decoy VERT)
note what decoy OTCX *reports* ( 23,406 ) .. per usual and for years .. there are only 2 to 3 MMs that *matter* when it comes to IPIX
http://otce.finra.org/MonthlyShareVolume
lastly we get next round of dated data out this week .. AH's on the 12th .. re: *legal*
Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover
08/15/2018 Innovation Pharma IPIX 1,470,955 1,436,908 34,047 2.37 267,860 5.49
does it get reported *higher* or *lower* than the last round ..
stay tuned
http://otce.finra.org/ESI
4kids
1
