Here is the article info:
_________________________________________________________________________
The stock of INNOVATION PHARMACEUTICALS INC (OTCMKTS:IPIX) registered an increase of 1.79% in short interest. IPIX’s total short interest was 1.50M shares in October as published by FINRA. Its up 1.79% from 1.47 million shares, reported previously. With 228,400 shares average volume, it will take short sellers 7 days to cover their IPIX’s short positions.
The stock decreased 12.54% or $0.0223 during the last trading session, reaching $0.1556. About 565,503 shares traded or 49.88% up from the average. Innovation Pharmaceuticals Inc. (OTCMKTS:IPIX) has 0.00% since October 18, 2017 and is . It has underperformed by 15.62% the S&P500.
_________________________________________________________________________
There is a VERY good reason for this article and if you do some due diligence and a little research into the company and it's affiliates you can get a real good look at what's going on here: COLLUSION BETWEEN MARKET MAKERS / NON RETAIL
** Articles in newsletters like this have subscribers, facebook/ twitter accounts, etc. etc. Their main objective is to sway retail investors for their own causes. We see it each day here.
** You will see the bold text as key notes within the newsletter. The main objective here is to entice penny stock short sellers new to the company for Market Maker's own purposes.
Market Makers/ Non Retail have been short since the Mako article and beyond. The problem is that they still have 150 million shares to try and cover on. They have made a relentless attempt among each other to create volume with stock price decreasing to make retail surrender and sell...
Retail is not doing this because we have seen our accounts in the deep red and true longs won't go anywhere with what's on the horizon. Market Makers need to cover these short shares or they will be crushed when news hits. The volume shown day to day is largely between themselves to create volume while depressing the shares. It's not working!
150 million shares with even $3-5 buyout would literally crucify them.
This article is a new approach-
Send the short count up over the last 4 weeks while further depressing the stock price, then send an article to newbies looking to see a Penny Stock to zero. They will hit the boards and not due their due diligence and see it as a good play. Hey, THEY CAN COVER IN 7 DAYS APPARENTLY...
New short sellers sell borrowed shares tomorrow and hold a bit. News hits and they need to cover like crazy... Guess who will be there to cover for them?? YES- The Market Makers.
Pretty good trick... Obviously I'm long and I wish all the MM's that did this to IPIX real destruction. They are taking a good company with great drugs to the brink for their own financial gain. It stinks but it's the world we live in.
DON'T BITE- Let's watch them burn...
AI
