Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

Do NOT use trailing stops for OTC stocks. The Market Makers can see your trailing stop (as well as any others) and will manipulate the price down (using those trailing stops to help drive the price down) to pick up your shares at a discount. Unfortunately for you the stock will quickly recover and you will be stuck buying back in at a higher price than your original trailing stop. We have seen it happen time and time again with IPIX.

Marking said,

Can trailing % stops be employed on IPIX?