Replies to post #338082 on Innovation Pharmaceuticals Inc (IPIX)

[roiresearch]

It's an expression of a stock going parabolic

if you prefer, the stock might go parabolic, not moass, if enough flippers/momo players show up to the party

The float as of Nov 30th is 300,000,000

Rough/quick math: 300,000,000 x .20 = $60,000,000

Given the hysteria in today's market of chasing any stock with positive relative strength/momo/etc.... that trade dollar value is quite attainable in a day. Just look at ocugen volume a few days back. i am not comparing the s/s, however i am saying there is ridiculous money waiting on the sidelines to go for multi baggers in a short time frame