Innovation Pharmaceuticals Inc (IPIX)

[Justfactsmam]

...if the "market" was a "clearly" anticipating P2b failure...the volume would not be 553k shares (one or two individual liquidations) but 5.53MM share selloff!

The problem is buyer fatigue ... it only takes a few to sell to cause today's price action...and another on the board has already documented steady sale of 100K a day...so there you have it.

Nothing points to "imminent" failure on a fundamental basis.

I already pointed out other equities in the last few days eg. $Derm...as an example of a "sell off" on bad news...NO "MARKET CONCERN" before it sold off...went from average vol of 500k shares daily to 30,000,000 share selloff on bad news...

...the day before the "bad news" ...only 491K share vol...and an UP DAY!

So your theory holds no water...