Intellipharmaceutics International Inc. (IPCI)

[AngeloFoca]

Really strange.

If there was going to be a raise... there would be constant pressure downward and not continuous buying at 2.10.

The only thing that makes sense to me is that some fund or deep pocket individual has said he wants 500K ??? shares and is willing to pay $2.25 a share... so MM is pushing the price down and accumulating at $2.10 to later turn it all over at $2.25... and make 15 cents per share for himself.

Just a guess... it's a mystery to me... but I don't see it as selling down as much as I see it as an accumulation.

Will be interesting to see if there is a big cross trade at end of day.