Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

Don't invest anything you can't loose. CTIX is still a speculative play and will be until it inks a deal or is generating revenue (or has concrete results) and even then, things can go amiss. But the probability of success today is significantly greater than it was 12 months ago (and the price reflects that)

Investing (in high risk plays) any money that can affect your day to day life is unwise. This should be money you can loose.

I think there are those on this board with very high risk tolerances and they may hit a home run but they can't complain if they strike out. Most posters on this board are looking for 10x to 100x returns, you don't get those with safe plays.

Not meaning to offend but based on your few posts, CTIX may not be a good place for you to put your money. It sounds like you lack conviction and will be up and night wondering if you made the right call. CTIX is a gamble, pure and simple. In six months it might be $10/share and it will no longer be a gamble or it might be $1.50/share, at which point it will still be a gamble. You need to really get comfortable with your strategy.

I'm expecting big things from CTIX but won't be out on the street if it goes to zero (unless my wife puts me there).