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Have you read this board the past month? I've read many posts hoping/expecting data mid August... Some suggested the data was compiled just waiting on follow-up phone calls...
Many are hopeful for results in a few weeks... Always believed they would be post Military Event... And like you said, late September another Prurisol..
Yes, my point there was no rush to report bad results ahead of the military event and Leo has a history of lock PR to actual data being drawn out... They sat on Prurisol data for months..
We do have a history of delayed ANNOUNCED results with Prurisol so I would expect the same here if they are bad....
Who said he was delaying read the message again.....
There's no reason to delay results when ready.... The Military cancellation gave Leo clean slate to release good or bad...
With the Military Presentation cancelled there's no justification for delaying results unless Leo pulls another Prurisol... Sat on bad results for many weeks...
They'll be sold (B/K) or floundering in single pennies with no place to go... Of course, there will still be a few who believe B/K have value with Leo/Jane forever...They can post here and pay Leo's salary if they want... The only reason IPIX still stands today was CV19...
If everyone is expecting a PR this week which would be a data lock then what? Back to sleep... Again, results will end or sell them off... There won't be an IPIX past November.
How could they present 381 abstracts in 4 or 5 days? Find that amusing, that's one every 5 minutes... LOL Again a nothing burger even if they had not cancelled. Judgement day is 4 weeks away...
Vaccines will end this and therapeutics are needed to treat those who have severe cases. B is not needed for the majority.
Predictions are just that.... Did anyone predict .37 last week then a reversal to .26? There’s no way anyone knows where this will trade if results are good. The hope is to retest last years high .65. With IPIX expect the worst and pray for the best. Nothing has changed the past 16 months when this all began.
The decline still continues, almost entire gains for the week lost... Traders lost the military presentation to play pump and dump...
1 million shares? What's this Amazon? 1 million at .27 is equal to 100K at 2.70.... yawn... The move to .65 had volume above 10 million some days... This will not occur until after results.
lesson learned, do not invest in pennies or face manipulation and most likely a total loss... The move to 4.95 had a base above a buck to work from... 6 penny base this time is borderline insane to ever expect much...
Well see if buyers step in here? What a roller coaster...
After this past week who would want to buy shares... This equity is finished and has been for 2 years... Even good data I'm not expecting much unless they have a deal in place... Smart to take profits above .30 and wait out data.
Swing traders? IPIX was used and abused once again... Smart folks sold above .32 and can always buy back after results... Why risk losing most of one's investment?
Next PR data lock, then judgment day... Finally, IPIX will either be sold or fold...
Will this ever see the .30's again? Some here bragged about not selling in the mid .30's... LOL
What a scam, .20 to .37 back to .26... Kips Bay fattened their pockets... 4 weeks to judgment day...
Will Leo PR the event being cancelled? LOL How about an email alert to his followers? 3 pending news items this summer with one crossed off the calendar.. So much going on in IPIX world back to vacation Leo/Jane.
Wasn't there over 400 compounds selected for the event? IPIX will hardly get noticed and data will ultimately decide IPIX's fate... Why presentations ahead of data was foolish... Present once you have human trial data not lab work. If data fails will Leo notify all those who attended his presentations?
Your assuming many who have CV19 will have a need for B? Far from it... B's target audience will be those severe which is minimal per/state.... The media once again is blowing the rise in cases to extreme levels...
Incorrect, at market close all day limit orders get cancelled. There was a bid in the .28 range right before close. .30 triggered at close...
Manipulation works both ways, the rise from .20 to .37 not many complained... Current market cap is around 130 million which is pretty generous for a 2 person operation with limited funding... Tired of reading about shorts and manipulation while it's Leo's decision to trade publicly which he uses to raise capital... Go private and see how long they last? LOL
Yes, believe this chat-board will not exist by years end... For many here it will be closure for once a promising biotech turned into a scrap pile... Cv19 providing one last chance to regain losses... At least try to pretend your an honest business, the past year Leo has convinced no one he plans to expand and hire.
.32 hanging on for dear life... The rally monkey is over...
Believe the EU chatter is for specific countries (Russia) who could bypass the FDA. Hoping for good data with IPIX being sold and move on... There's no future regardless of data outcome... Leo's made this obvious with no hires... Leo\Jane is it.... LOL
Funding, No partner interest and possibly the risk/reward was not great enough to advance... To this day, Leo has not been honest about B-Absssi... Is this shelved forever? OM has a chance with another owner...
They are toast... Other projects have been dead since late 2019... Alphasigma and Locust Walk failed them...
Data lock projected within 2 weeks, results late August/early Sept... They have a military presentation in 4 weeks which may dictate their schedule... Believe Leo can control the delay of a release like he did with Prurisol.
I'm a bag-holder since 2014 hoping to see a dollar plus again... 5 weeks from now IPIX will be over a buck or 5 pennies...
Not complaining, nothing has changed here except results are pending in 3 to 4 weeks. Everyone knows how critical the data is to IPIX being sold or surviving. Finally, the past 17 months of hype boils down to one report... Did they achieve success greater than current treatments and if so would a costly phase 3 be worth it? Pretty simple... If data fails head for the hills... Emergency use is the wildcard... FDA relying on 120 subjects would be a bold move...
What update are you expecting data lock? Everyone knows the script by now.... 2 presentations, data lock and eventual results... Summer schedule released by Leo weeks ago. No surprises this year... God forbid there would be other news than CV19...
The question is who is involved with the rally? Probably the same cast of characters from the previous gains of 2020. We will know by September if all the press releases and presentations are validated.
Trial success rates by phases....
https://www.acsh.org/news/2020/06/11/clinical-trial-success-rates-phase-and-therapeutic-area-14845
Actually that's a fair percentage considering more than half of phase 2 trials fail... Gave them an extra 10 percent based on RBL data... Everyone has their own opinions from failure to success. Those buying now "unless they have inside info" are risking a major decline... Can always buy in after data... Doubt many will if they fail...
Why do you believe valuation should be high ahead of data? The odds of great data is probably less than 60 percent... Hedge your bet...
Rally running out of gas. Need news to keep this rolling...