Innovation Pharmaceuticals Inc (IPIX)

[petemantx]

You are looking at data for "legal" shorts.

We all know about illegal "naked" shorts and that volume ranges across an unbelievably large spread - from next to nothing to 100+MM shares.
Who is right? No one knows as "naked" means they are non-transparent from the MMs doing the trading and no official records are kept regarding them. How do we know they are there? Why else would trading on a $.40 penny stock be done to hundredths to thousandths of a penny (such as $.38645). This is all algorithm computer trading.

For those that don't understand this, google naked shorting as it is one of the biggest problems facing retail investors today, especially in the bio startup market.