some pretty interesting trades floating around on IPIX today
imo every indication given earlier today of news en route
based on what was then done .. by 10AM .. volume underway
imo to ensure 90 day volume algo maintenance out of the way
then i watched the usual UC and block on the ask by the new decoy ASCM
but there was a 60 share trade .. that seemingly spooked them .. it immediately relo/d the UC ask upward
i made a note that 60 could be a signal for 6000 or 60000
shortly afterward ETRF went on bid with 60000 that was filled in one trade
curious to see how today gets marked .. yesterday came as no surprise .. today may
this is definitely not replicating yesterday
in that while i see trades being washed .. (as was done extensively yesterday)
i see the occasional *struggle* .. but hard to know the source ..
could be those who *tested* a week ago Friday are back for another round
.. could be smoke and mirrors .. which NR excels at .. or it could be a trading
crew still in play from the sucker punch effort last week .. but imo it's definitely not mom and pop retail providing this *volume*
edited in .. oh and the significant *lag* time via OTC Markets on their RT l2 (always a clue of *intent*) .. imo
almost every *trade* is responded to by the decoy ASCM with an UC on the ask or a block in total .. usually aided and abetted by NITE and/or CDEL today
4kids
imo every indication given earlier today of news en route
based on what was then done .. by 10AM .. volume underway
imo to ensure 90 day volume algo maintenance out of the way
then i watched the usual UC and block on the ask by the new decoy ASCM
but there was a 60 share trade .. that seemingly spooked them .. it immediately relo/d the UC ask upward
i made a note that 60 could be a signal for 6000 or 60000
shortly afterward ETRF went on bid with 60000 that was filled in one trade
curious to see how today gets marked .. yesterday came as no surprise .. today may
this is definitely not replicating yesterday
in that while i see trades being washed .. (as was done extensively yesterday)
i see the occasional *struggle* .. but hard to know the source ..
could be those who *tested* a week ago Friday are back for another round
.. could be smoke and mirrors .. which NR excels at .. or it could be a trading
crew still in play from the sucker punch effort last week .. but imo it's definitely not mom and pop retail providing this *volume*
edited in .. oh and the significant *lag* time via OTC Markets on their RT l2 (always a clue of *intent*) .. imo
almost every *trade* is responded to by the decoy ASCM with an UC on the ask or a block in total .. usually aided and abetted by NITE and/or CDEL today
Detailed Quote:IPIX
INNOVATION PHARMACEUTICALS INC
0.21Up 0.034 (19.32 %)AS OF 1:04:09PM ET 05/14/2019
Last Trade 0.21
Trade Time 1:04:09pm ET
Change 0.034
% Change 19.32%
Bid 0.191
Bid Size 5000
Ask 0.208
Ask Size 34827
Open 0.183
Day High 0.215
Day Low 0.183
Previous Close
05/13/2019 0.176
52-Week High
05/16/2018 0.69475
52-Week Low
12/31/2018 0.07
Price Performance (Last 52 Weeks)
05/13/2019 -58.39%
Volume 781,773
Volume (10 day Average) 1,070,566
Volume (90 day Average) 486,471
Market Capitalization $33.82M
Shares Outstanding 192,132,000
ETRF 0.191 5,000 12:36
NITE 0.1845 5,000 12:27
CDEL 0.183 19,775 13:09
ASCM 0.171 5,000 13:08
CFGN 0.17 5,000 10:22
NITE 0.203 2,500 13:09
ASCM 0.21 2,500 12:58
CFGN 0.215 2,500 11:29
CDEL 0.22 20,000 13:09
ETRF 0.22 12,225 12:36
4kids
Quote:
Could be some short covering too. As we know, short term traders don't like risk. When we have news, hope we catch them in the bathroom with their pants around their ankles or still in bed sleeping.
7
