Innovation Pharmaceuticals Inc (IPIX)

[stocksbelow1]

May be a good time to start averaging down. CDEL (which controls over 45% of retail trading) and their algo will continue to take it down until sufficient buys (on the ask) dictate otherwise. Who knows where that will be, because many buyers are putting in stink bids as it sinks, which plays right into the MM's hands and PPS decline. Picking up cheap shares is more important to many OTC investors than PPS appreciation. It shows daily on this stock.

$IPIX$