Replies to post #3977 on Innovation Pharmaceuticals Inc (IPIX)

[umiak]

there is logic, some wait for news to sell, they walk the ask down until it hits or whatever their limit on the downside is.

[umiak]

people have different trading strategies and goals. the market is like the bar scene in star wars, all types are represented.

[biomanbaba]

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed.
Benjamin Graham