exactly .. nicely stated Mo
and that is why i track
exactly .. nicely stated Mo
and that is why i track *volume* .. real/fake or in between
back when IPIX was trading on avg 550,000 shares @ 2.50 .. 3.50 or 4.50
the dollar amount of that done daily was significant .. that is why i showed
what that would convey with last week's PPS (15c) .. 550,000 x $3.00 works
out $1,650,000.00 .. $1,650,000.00 by 15c = 11M *shares* traded *daily*
not to put too fine a point on it .. but it was crystal clear at the EO last August
that NR (this is never retail) had to *adjust* efforts .. and they did so with a vengeance
that began on 9.12.18 and culminated in taking a PPS from 9.7.18 (5805 52 week high reset) to the resetting of IPIX's 52 week low of 7c on 12.31.18
it's why the volume was injected into IPIX in the last 4 months of 2018
imo NR is so significantly upside down on IPIX .. reg sho *imo* would have been triggered months ago .. if *traded* anywhere but the OTC
and i will again reiterate based on the 180 about face by NR .. on March 1, 2019
that NR learned something specific in mid to late Feb 2019
like so many other Innovation Pharma investors .. looking forward to what was ascertained by NR (non retail)
4kids
The last couple of days of SP increase has been fun to see but the volume yesterday of 2.5M on NO NEWS to me is telling. Some of the trades both yesterday and today were zip code trades that are bogus but we have also had 200k trading days that had a high percentage of phony trades as well. Today’s volume could end up exceeding yesterday’s and the SP could stay down today as NSS try to regain control or long pressure could take over and take IPIX SP higher again. I am not a trader or chart guy as I always thought a Bollinger Band was a group that played for tips in the local bowling alley bar. What common sense does tell me though is that if IPIX can trade 2.5M shares on NO NEWS (whether leaked or not) that an announcement of a deal with one of the BIG BOYS (Pfizer, Merck, J&J etc.) will most likely cause a halt followed by MANY millions of shares traded. Most of the longs I have talked to are not planning on selling any shares on the news. The very few that are considering selling are looking at a small amount of 5% or less of their position. So where are the shares going to come from on the supply side? NSS’s upside down position is going to explode with a lack of supply to satisfy NEW INVESTOR DEMAND in the millions. That will be the real show to watch. The last couple of days have just been small previews.
5
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