Replies to post #68937 on Innovation Pharmaceuticals Inc (IPIX)

[Ebuilder]

That's a good question.

[cabel]

That has been the big question for the last 18 months.

Also remember there are many traders out there that create price walls to insure the stock price does not go past,... also to insure the price retreats a bit where they accumlate for the next round up.

It seems we have the wall is set at $2.10 this time.

Accumualte while you can!

[rule_rationale]

Noretreat - Can't say I ponder that very much - I know how my money balances with my risk strategy. The account managers at aspire also know how their management desires their accounts to be risked and it probably does involve selling to achieve the right balance. Everyone else who is selling for lack of discipline or personal risk understanding coordinated with CTIX's amazing potential - pure idiots, and unfortunately idiots are everywhere, they even invest where I invest, it's just too bad, haha.

[rule_rationale]

I don't know enough about the inner workings, but what makes you say people are selling? Because the OTC reports a sell? Because the IHub trades page shows sells? If I try to buy 20k shares near the ask, but the Market Maker fills the order near the bid, then it is reported as a sell even though that transaction was a buy. So even a large exchange of shares accomplished in two sizable trades could give the impression that two sizable sells had occured. Why do this? Who knows? I'm not saying that this is the 'selling', but it is one possibility. Conspiracy theory: Big Pharma wants the price to stay depressed to reduce Leo's nogotiating position and so provides the illusion of large block selling with a little kickback to the Market Maker who puts on the show. Haha - I don't actually believe in that BS.