Innovation Pharmaceuticals Inc (IPIX)

[Empiricst1]

"Who is buying all of those shares?"

A lot of buying and selling could just be MM churning. Even a 10 million
dollar day is only churning $700,000 or so of value at this pps. Not like the big boys and girls are tromping around this little bio. But that still
leaves a lots of room for a nice days' profit for the little pros. Of course it could be some bigger, AI fueled players too, but as your question indicates, we'll never know.