quick commentary on the last 2 weeks' data on IPIX
Post# of 72440
note after yesterday's data .. 10 day avg fell below 1M volume
IPIX
52-Week High
06/23/2020 0.65
52-Week Low
01/03/2020 0.05
Price Performance (Last 52 Weeks)
10/16/2020 +106.75%
Volume (10 day Average) 913,701
Volume (90 day Average) 2,923,802
Market Capitalization $71.78M
Shares Outstanding 347,186,000
NR needed *imo* to do volume maintenance *consistently between 1M - 2M
they couldn't .. volume ranged from 425k to 1.24M
which makes me curious as to *volume* for next 2 weeks (sans news)
also note YOY %s for the last 2 weeks .. ranged from 88% to 124%
that too puts pressure on NR .. and will continue to do so until early 2021
no surprise to see NRs' rigid control of IPIX's PPS ..
what was interesting to see this week was DRS %s being marked below 50%
in direct contrast to the prior week's *markage* ..
Oct 16 NA NA NA 833,773 404,599 48.53%
Oct 15 NA NA NA 425,401 146,077 34.34%
Oct 14 NA NA NA 613,853 234,971 38.28%
Oct 13 NA NA NA 737,108 350,044 47.49%
Oct 12 NA NA NA 578,288 234,444 40.54%
Oct 09 NA NA NA 1,025,799 709,519 69.17%
Oct 08 NA NA NA 1,174,666 760,322 64.73%
Oct 07 NA NA NA 1,055,749 688,727 65.24%
Oct 06 NA NA NA 1,208,894 657,712 54.41%
Oct 05 NA NA NA 1,468,476 977,793 66.59%
just my 2c .. but i'd expect to see a swing back next week .. to higher %s
still working on the *legal* short post i promised to another Innovation Pharma investor
hopefully out tomorrow ..
4kids