Intellipharmaceutics International Inc. (IPCI)

[hondobud]

Yea, I have been waiting for that big buyer to show up again. One thing that happens for sure is spikes like these blend flat into longer charts as the days tick by, so if you are not made aware of them it's like they never happened. Someone wanting in or knowing something sure is a popular way to explain these types of movements but since this stock is traded thinly (sometimes only 100 shares on the ask), Imo an entity wanting to purchase large amounts would wait until they saw plenty shares spread across the ASK book, and then grab them all before traders can adjust their asking price. If they bought slowly, traders would cancel sell orders in front of them. Either way, seeing this buying surge is a positive for sure, I'm hoping it continues soon.

On the other hand who decided they better sell this morning?

Q: Was it supposed to be a raid? TIA.