Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

It’s not a manipulation story; it’s what market makers can do when filling bids. It’s part of “making an orderly market.” If a stock rises too quickly, they can (and do) fill further buying without covering shares, then fill the “open position” later. They absorb excess buying, just as they are supposed absorb excess selling (though that they rarely do). Effectively, they force a correction.