Innovation Pharmaceuticals Inc (IPIX)

[TheDane]

There was only one 1000 share trade at .18. A buy. The next buy was at .16 then .15. It’s all good. The MMs saw it moving up and knew there were some who were playing the tightening BBs and I think they took advantage of that and let it drift up on very little volume yesterday to bait buyers in. Perhaps they were caught off guard but I think not. The good news is we closed just under .15 and traded a good part of the day in the .14s and .15s. I believe we have several accumulators gathering shares, slowly but surely. I wish there was more urgency to it but it looks at least like some know enough about what’s going on to want to gather them up for whatever is going to happen. It can’t be too much longer.