Innovation Pharmaceuticals Inc (IPIX)

[TOB]

A few reasons:

How were there that many shares for sale in blue skies and after terrific results? Hard to comprehend. -TheMonolith

1. Many trade by the charts and the numbers. So they might have profit targets at logical round numbers, such as 5 and 10 cent intervals.

2. The PR was released mid-session without even a halt. So no time for sellers to read the news and pull their offers. And no time for buyers to prepare to buy, and alert others to buy. So the buyers were fewer, and ran into sellers that may have evaporated if they read the news first.

Only the alert saw this in real time. Many people work regular jobs, or are working on other things,

If this was a typical weekend after the close PR, with the typical Friday anticipation rally, we could have seen a much bigger rally come Monday.

Things may be muted a bit on the continuation rally as some will think this news is only worth the 6.33% rally we got.

I'm thrilled by the results, but disappointed by the same day reaction. A mid-session PR like this is an own goal. It is also unfair, as there was a 20 cent rally before the email and PR hit. Obviously some saw the PR first.

With that said. The important thing is the results. If the market takes more time valuing this correctly, it's not going to bother me a bit.

I actually had an opportunity to add about 20% more shares. So I personally benefited from the timing and watching this board and seeing "NEWS" posted. (Thanks GregChase!)