IPIX .. a trip down (recent) memory lane anyon
Post# of 72440
anyone who follows my posts knows i noted early last September (after Finra's MM Monthly for August 2018 came out) that *volume* would have to be injected
it was simple math .. the way the *entities* that short (legal/abusive) work is to cut a PPS in half .. then in half again .. and so on ..
at the EO last August .. IPIX was running approx 10M to 11M LESS in YTD *volume* than the prior year (1.17 to EO 8.17) .. that isn't how *covering* a *short* works .. so clearly something had to change on IPIX .. my focus is always on *volume* avgs .. and what the tape/trades .. shows .. and it is no secret based on which MMs' *report* to Finra .. which 3 of the myriad .. matter .. CDEL/ETRF/NITE
so here is historical for IPIX .. on 9.10.18 (K would be filed AH's on 9.11.18)
then again on 12.31.18 (52 week low reset to 7c) .. reminder .. NRs' goal from 70c to 35c to 175c to 0875c .. and so on .. then due to DRS % pattern change out on 3.1.19 the historical for 2.28.19 .. and then yesterday .. note the volume avgs .. 52 week low and high (NR is heading into a brick wall next month with 52 week high *decreasing consistently* due to NRs' relentless efforts of the past several years)
the irony imo about what i perceive to be mostly (not all of it) NRs' injection of bogus *volume* in the last 4 months of 2018 .. is that if it doesn't work in the relentless PPS compression of actually parting investors from their *shares* .. and mgmt continues to execute .. NR having taken IPIX's pps too low .. faces *momo* trading crews and retail traders entering with dot connecting news .. again legit buying forces NR to relo up the ask .. which is why it is always worth noting *imo* pattern change outs .. so far hidden %s and DRS %s .. aren't *changing* ..
also worth noting imo are the YOY %s .. NRs' *gyrations* run like *clockwork* and the *liquidity* ranges or lack there of in regards to *volume*
remember too .. an upside down NR .. tries to make the abnormal *normal*
there is nothing *normal* about what NR has done against Innovation Pharma and her retail investors .. for years now
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Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.435Down -0.13 (-23.01 %)AS OF 3:53:07PM ET 09/10/2018
Last Trade 0.435
Trade Time 3:53:07pm ET
Change -0.13
% Change -23.01%
Bid 0.435
Bid Size 8000
Ask 0.45
Ask Size 8500
Open 0.38
Day High 0.5303 .. .1503c *liquidity*
Day Low 0.38
Previous Close
09/07/2018 0.565
52-Week High
12/06/2017 1.17
52-Week Low
06/21/2018 0.325
Price Performance (Last 52 Weeks)
09/07/2018 -23.65%
Volume 139,753
Volume (10 day Average) 153,101
Volume (90 day Average) 194,770
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Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.0955Down -0.0081 (-7.82 %)AS OF 3:57:25PM ET 12/31/2018
Last Trade 0.0955
Trade Time 3:57:25pm ET
Change -0.0081
% Change -7.82%
Bid 0.095
Bid Size 51719
Ask 0.096
Ask Size 10000
Open 0.08
Day High 0.10 .. .03c *liquidity*
Day Low 0.07
Previous Close
12/28/2018 0.1036
52-Week High
01/30/2018 0.84
52-Week Low
12/31/2018 0.07
Price Performance (Last 52 Weeks)
12/28/2018 -84.99%
Volume 628,843
Volume (10 day Average) 644,383
Volume (90 day Average) 612,395
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Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.1299Down -0.0061 (-4.49 %)AS OF 3:57:59PM ET 02/28/2019
Last Trade 0.1299
Trade Time 3:57:59pm ET
Change -0.0061
% Change -4.49%
Bid 0.124
Bid Size 5000
Ask 0.1299
Ask Size 27051
Open 0.135
Day High 0.1357 .. .0195c *liquidity*
Day Low 0.1162
Previous Close
02/27/2019 0.136
52-Week High
03/08/2018 0.70
52-Week Low
12/31/2018 0.07
Price Performance (Last 52 Weeks)
02/27/2019 -78.39%
Volume 656,025
Volume (10 day Average) 495,490
Volume (90 day Average) 586,680
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Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.1475Up 0.0275 (22.92 %)AS OF 3:59:34PM ET 04/10/2019
Last Trade 0.1475
Trade Time 3:59:34pm ET
Change 0.0275
% Change 22.92%
Bid 0.1401
Bid Size 5000
Ask 0.15
Ask Size 5000
Open 0.125
Day High 0.15 .. .035c *liquidity*
Day Low 0.115
Previous Close
04/09/2019 0.12
52-Week High
05/16/2018 0.69475
52-Week Low
12/31/2018 0.07
Price Performance (Last 52 Weeks)
04/09/2019 -79.35%
Volume 1,137,253
Volume (10 day Average) 309,835
Volume (90 day Average) 453,492
One *imo* Significant Pattern Change Out .. Effective March 1, 2019 re: IPIX
Historical Short Volume Data for IPIX
Date Close High Low Volume Sht Vol % of Vol Shtd
Apr 10 NA NA NA 1,137,253 765,369 67.30%
Apr 09 NA NA NA 684,744 488,415 71.33%
Apr 08 NA NA NA 390,191 302,945 77.64%
Apr 05 NA NA NA 136,430 86,921 63.71%
Apr 04 NA NA NA 123,076 76,004 61.75%
Apr 03 NA NA NA 229,377 191,768 83.60%
Apr 02 NA NA NA 340,107 248,420 73.04%
Apr 01 NA NA NA 200,415 157,834 78.75%
Mar 29 NA NA NA 387,550 247,351 63.82%
Mar 28 NA NA NA 286,544 192,024 67.01%
Mar 27 NA NA NA 319,917 235,732 73.69%
Mar 26 NA NA NA 308,758 176,415 57.14%
Mar 25 NA NA NA 278,978 163,789 58.71%
Mar 22 NA NA NA 158,555 113,214 71.40%
Mar 21 NA NA NA 315,535 156,683 49.66%
Mar 20 NA NA NA 249,484 167,488 67.13%
Mar 19 NA NA NA 376,201 287,179 76.34%
Mar 18 NA NA NA 233,929 199,632 85.34%
Mar 15 NA NA NA 410,580 292,135 71.15%
Mar 14 NA NA NA 264,241 210,400 79.62%
Mar 13 NA NA NA 384,406 295,944 76.99%
Mar 12 NA NA NA 278,799 227,807 81.71%
Mar 11 NA NA NA 359,435 254,248 70.74%
Mar 08 NA NA NA 219,203 146,016 66.61%
Mar 07 NA NA NA 226,552 213,443 94.21%
Mar 06 NA NA NA 466,807 368,784 79.00%
Mar 05 NA NA NA 371,973 258,296 69.44%
Mar 04 NA NA NA 475,644 301,557 63.40%
Mar 01 NA NA NA 355,785 301,825 84.83%
still trying to get out a long overdue post on IPIX's *volume*
will try for this weekend .. but no guarantees .. these posts take time
something i have less of these days .. as always .. best to all Innovation Pharma investors ..
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