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Has now retracted 50% from that high of .65
Really sucks that it has to increase in price quite a bit just to recapture
that high at .65 before actually moving to new ground.
Trolling the net and people not buying because they want to see the price go down. A ticker with nothing but great news already below value that is part of the biggest pandemic in modern histroy and they want to take it down as low as possible. But yet these same people will run GARBAGE from .01 to $1+. I swear i don't get it. Still way to many shares in hands of weak holders. This has to change.Everybody is a flipper.
HERE IS WHAT THEY ARE SAYING
$IPIX seems to be finding bottom at $0.34 to $0.38 for now - though it is not bouncing or rising off of this so called bottom very convincingly... I wouldn't buy it here anyways...
Still holding out for a deeper dip...
I get what your saying but had we held at .65 or even dipped to .60 and let accumulation take place at .60 until next news release it would have been better for shareprice.
As it looks now that (accumulation) will take place at about .40 instead of .60
Big difference.
What i don't get is the logic behind the selloff based on the markets concern over Corona fears. Hello this is a Corona stock and if people read the last news this is where they should be flocking. Where is the logic in people.
Only way .65 is seen again is with news. When that news comes it has to retrace all the way back to .65 again instead of taking off from .65
That dip to .34 really messed things up.
Ok. So this should go up not down since it is a Corona stock. Where is the logic that this is going down.
Reason for fluctuation with price is most holders of shares are TRADERS NOT INVESTORS. Here for the pop and leave.
Don't blame people for selling out. They are the ones who are causing it. Weak hands. Selling is a domino affect. 1 then 2 then 3 and on and on. Why do they sell. Fear, panic and stupidity.Price should have held at .65
Problem is these people want $1M in a day or 2 or they sell. Traders not investors.
Nothing but weak hands buying this stock.
News for this ticker DOES NOT CORRESPOND IN SHARE PRICE.
Big step back on share price today. Would have liked to see accumulation in the .60s for a day or so and then move on to the .70s.
Will be harder and take longer now.
Always better to be at a higher price when PR drops than a lower price.
I own shares and don't get me wrong i want IPIX to win i every way. But share price of $60 is just ridiculous. $6 - $15 would be more realistic and that only happens if everything is accomplished that everyone is assuming.
Covid plays will be big next week. $APPL just announced it is closing stores in Florida and Arizona because of 2nd wave/ Uptick in Covid19 cases.
Basically like roaches.
Excellent Post. Flippers will never learn though. They do not do any DD.
Some resistance around .35 and .42 from there its up to the stock to go where it wants.
Trolling around on the net and just about every board has IPIX for tomorrow. Tomorrow will be wild. Probably will get flippped every .001
Wish i could post pics here i would create a jpg image with the talk
about IPIX.
Expect very very very large volume tomorrow.
Maybe multi-day ???
Shorts toasted.
Keep bring volume and send them running to cover.
A .25 close would be strong signifying a continuance tomorrow.
MUST HOLD & CLOSE ABOVE .18
Can not go back to .15-.18
If this were a NASDAQ Stock with ALL the news over the last 3-4 months this would be 5+ easy. Nothing but scared money in OTC.
I have seen pure junk move over $1 on the OTC and yet a stock that keeps dropping more positive news everytime progressing in Covid is sub .20
Wow. That kind of news and it was just good for 25 min. If this stock were on NASDAQ it would be at $5+ with all the news they have had over the last couple of months. Even on OTC i have seen garbage go up to over $1.
Don't know what gives that this can not get past .15-.18 on the acheivments of B over the last 3 or so months. This is sad i bought in March near high of .18 and this stock has had so much news since then and yet it is stagnated in price. Probably will sell at break even .18 because this stock DOES NOT move no matter what news comes out. For the most part i have been red on this stock and i keep trying to give it a chance but it doesn't seem to have it in it.
Trading on IPIX is BORING.
Pretty much the same thing every day.
Great writeup. But the problem is that this stock is in weak hands and for your ideas to happen shares need to be in strong hands and i don't see that happening. This stock has been trading between .15 and .17 with some spikes to .19-.20
If it ever starts to run it will get flipped by the penny profiters every time it tries to move up and get legs.
Yeah that would be pretty awesome. Karma.
We shall see who is right tomorrow at the close of trading. One of the stupid things that people do is sell off on fridays because they don't want to hold a stock over the weekend.
Lol. Same ole same ole.
.18 lasted for about 3 min this morning and home is in the .16s
Thinking .15's or lower tomorrow with a friday selloff.
Has only closed at .18 ONCE and that was yesterday. Will need to close and hold .19-.20 before any confidence is seen and possibly next small increase in price is realized. RobinHooders always bailing and sinking the price in the last 3 min of trading. That needs to change to closing on an increase.
Greek tragedy going on here.
News is only good for an hour in this stock. Look at the PR's and the dates they were released and look at historical pricing for the day the PR was dropped.
YES. Look at the historical pricing. Just 7 days ago it hit .14
You might even get .13 here.
This stock has very very very very weak hands holding shares. It even trades lower when good news is released. Majority of shares just being flipped.
https://finance.yahoo.com/quote/IPIX/history?p=IPIX
Some of it is in jest. Sometimes they buy at .15 hold for a day and sell the next at .17 or .18.
Just look at historical pricing over the last month or so. Pretty much trading in the .13 - .17 channel. Anything over .18 CAN NOT BE HELD. The way this stock trades reminds me of the movie Ground Hog Day.
Nope wrong. Just flippers doing the wash, rinse repeat.
They buy at .15 or .16 and sell at .18 or .19 and repeat
and repeat and repeat and repeat. All day every day.
Weak hands and flippers trading this in a channel of .15-.16 to .18-.19
Way to many shares in weak hands.
This stock will not go anywhere until
that changes.
CAN NOT HOLD .18
How about you provide all of what you mentioned to show that there is a criminal syndicate after a .17 stock.
To much conspiracy theory going on in here. No criminal syndicate is after a .17 stock.
Only thing going on is just about everyone holding shares is ok with the .01-.02 wash, rinse and repeat that goes on everyday.
To much conspiracy theory going on in here. No criminal syndicate is after a .17 stock.
Only thing going on is just about everyone holding shares is ok with the .01-.02 wash, rinse and repeat that goes on everyday.
Wow. Will close lower than open on a good PR. Infested with weak hands and flippers.
I did my DD and the strongest point i came away with were the drugs in the pipeline. Big unmet need in UC/IBD. Brilacidin bought very cheap. Someone should be interested in buying it away from IPIX.
If not for Covid, company would never have money to push it through all FDA testing trials/phases. Company is getting free testing and exposure currently due to Covid.
And on the way back to where it opened. News was not good for anything.
I am not selling at current prices.