Replies to post #145458 on Innovation Pharmaceuticals Inc (IPIX)

[Justfactsmam]

...stock is basing at 200 sma ... which is good and to be expected if shareholders want a good base for the next leg up.

[BonelessCat]

Up is down Google Translation: "if the news is so good, the stock should be trending UP in anticipation - not down"

news is so good = news is so bad
trending UP = trending down
not down = not up

Google Translation: "if the news is so bad, the stock should be trending down in anticipation - not up"

And indeed we see that on the chart:

[Bruinfan4ever]

Looks like its trending up to me. On nice volume as well