copy of a PM .. sent about 10 days back rememb
Post# of 72440
remember this is *math* but this isn't retail's math
these sobs are relentlessly brutal and imo they are going for a very specific set of shares ..
will try and post out today's tape of trades .. and i do use that word rather loosely .. beyond curious to see how *marked* as compared to yesterday's %
edit .. i should also add this is the EO the 3rd Q .. will edit in EO June's data
6.29.18 .. Historical
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.59Up 0.21 (55.26 %)AS OF 4:00:01PM ET 06/29/2018
Last Trade 0.59
Trade Time 4:00:01pm ET
Change 0.21
% Change 55.26%
Bid 0.58
Bid Size 3700
Ask 0.59
Ask Size 2000
Open 0.34
Day High 0.59
Day Low 0.34
Previous Close
06/28/2018 0.38
52-Week High
12/06/2017 1.17
52-Week Low
06/21/2018 0.325
Price Performance (Last 52 Weeks) ** duly noted
06/28/2018 -60.62%
Volume 1,392,203
Volume (10 day Average) 238,605
Volume (90 day Average) 211,120
Market Capitalization $58.93M
Shares Outstanding 155,091,000
9.28.18 .. Historical
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.202Down -0.0629 (-23.74 %)AS OF 3:59:49PM ET 09/28/2018
Last Trade 0.202
Trade Time 3:59:49pm ET
Change -0.0629
% Change -23.74%
Bid 0.202
Bid Size 2500
Ask 0.21
Ask Size 5000
Open 0.264
Day High 0.264
Day Low 0.1895
Previous Close
09/27/2018 0.2649
52-Week High
12/06/2017 1.17
52-Week Low
09/28/2018 0.1895
Price Performance (Last 52 Weeks) ** duly noted
09/27/2018 -63.46%
Volume 1,420,473
Volume (10 day Average) 600,132
Volume (90 day Average) 235,448
Market Capitalization $43.21M
Shares Outstanding 163,104,000
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Sent On: 09/18/2018 3:09:41 PM
AvatarSent By: 4kids
i dunno .. imo that is (a) set up NR looks for to troll for a lead plaintiff for those CA *suits* trotted out by rote .. it feels to me like that is what IPIX is being set up for these days
NR is going for 15c to 17c on the next set of resets down
they have room to work IPIX up (YOY %) and they need traders to come into IPIX .. but no one will enter (retail traders) if NR only relentlessly compresses PPS .. that is why imo we see NR working up volume avgs .. it's the prelude to the next step
then i think we'll see PPS being worked on *volume* .. maybe to start with 5c to 10c daily .. that will be for trading and volume
i remained in Innovation due to Leo's aggressive response back in 2015 .. i've not been surprised by relentless pps compression .. or volume cliff diving .. i was frustrated by the lack of an accompanying PR when K was filed .. but that is me .. it is something i think should be mandatory with OTC companies .. keeping fingers crossed .. my bid @ .155 doesn't hit .. this is very tough to watch (i've been in for almost 5 years) .. and my CB on just over 100,000 shares hovers right @ 50c .. and i know what the sh*ts do
i can only imagine how some in as long .. feel .. this is why i think we are seeing NR going for those in the 1.00 to 1.50-1.75 PPS range (2016 mostly but some 2017 approx)
sigh ..
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4kids