Replies to post #198938 on Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Let's just suppose you happen to be guessing correctly... that means the company has just raised a bit more cash towards another trial or wherever it's needed. I have no issue with that.

In reality, there is no way any of us can determine why or by whom a particular trade has been made.







In Reply to 'MXAMDUD'
aspire just sold 40000 at .72

[baytdr]

The bid was .71 the ask is .73 and 40k crossed the tape at .72
That's all we know, it could have been initiated by a purchaser or seller and by anyone. I'm personally sympathetic to the opinion that Aspire has incentive to hold the SP down if they believe IPIX will draw on their line before positive results are announced but then again if IPIX demonstrates favorable results and a related partnership before they draw on Aspire's funding then Aspire would be far better holding, and potentially selling at $5 rather than .71 so anyone can speculate, but that's all it is even if you say it every day all day ad nauseam.

[DaubersUP]

Check out CL5N for their phase 1 trial of 14 patients. In Ovarian Cancer.

Tic Toc. This is going to pop!!! We have 3 phase 2 trials about to be released.