Intellipharmaceutics International Inc. (IPCI)

[AngeloFoca]

Best I would do is a small position until things looks more favorable.

And how much are you expecting to pay when things look more favorable.

Let me just paint one possible scenario that can occurr while you wait until things looks more favorable.

Recall when 2 doses of Focalin were approved and stock went from $1.60 to $6+ in a couple of days... now "what if" Seroquel XR gets approval with first to file on one dose... and stock goes to $5+, and as stock settles down and begins to drift down NDA is filed followed shortly after that with news of a partnership - how much of it can you buy at $12 to $20??? is that the time to buy... when it's fully priced??? is that when it's a good time for you to buy???

You seem to imply that you'll feel safer buying it when it's $8.00... so do the math... let's say it runs to $48 in 5 years... so your 10K share buy at $8.00 (total $80K) is a six bagger worth $480K... my 40K shares buy at $2.00 (total $80K) is a 24 bagger worth $1,920,000 - not bad for not waiting until things look more favorable.

I always buy my Christmas gift wrapping paper on December 26th.