Innovation Pharmaceuticals Inc (IPIX)

[1hb]

price control fears way overboard? Seen posts about election and nitwit who raised his drug price a zillion percent...the president can propose but congress disposes..like the president today wants gun control and chances of that is somewhere below zero..never happen.. same with BP....a new president can want his price control type legislation but to me no chance...some in congress will give some lip service but with BP lobby and donations for each one's re-election seems no real significant change will happen..if this is correct the fear, like greed, overshoots the mark and there are some hard to believe bargins now...without naming the company since I think that is a rule here but what the ceo just said at the company's quarterly earnings conference is important as a working analogy for ctix....he started the call by point blank saying his company stock price is not just too low, but way too low..he gave four reasons for this absurdity and then went into earnings for quarter and the outlook for the year ahead...and no they don't need money now which he pointed out...he also said he really isn't concerned about the price being too low as the science will take care of the price since he expects great clinical results as early as summer...is there an echo in the room?..same as ctix outlook from Leo few weeks ago...so it spells opportunity if you can find cash at times like this js the way it seems to me.