Replies to post #164860 on Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

The stock went from $1.26 to $1.42 with 189K in volume on 11/17/16, so it doesn't take much to bring it up.

CTIX sold 1.5M shares to Aspire last quarter. If Aspire sells all 1.5M shares and drives the SP down, then what do they do now? They are waiting for Leo to sell to them in three months, but the SP could be much higher than $1.20.

I would agree with you if Aspire controls the timing of the buy.

It takes a lot less shares to take it down than to bring it up as we witness every day here.