Replies to post #396138 on Innovation Pharmaceuticals Inc (IPIX)

[shazamm]

007, 5.34 mil traded now and this move is clearly professionally done to take out as many sub .02 stop losses as possible IMHO! Thoughts?

[leavetheguntakethecannolis]

Hard to know if it's more criminal wash trading or actual trading these days.

[zandant]

Usually when there is expected news...and it is expected to be good - the pps goes up, not down. Here, there is excessive volume and the pps is down almost 20%. You got the gobble part right though for this is a turkey of a stock.