Innovation Pharmaceuticals Inc (IPIX)

[TheBunny]

IPIX has been going 'down' since $4.95.

You know my opinion.
I sold @ $3.00 when it couldn't hold that number.
I said it was going down to $2.00 at least. Then if it couldn't hold $2., then it better hold at $1.00 PS.

Then stated that if it couldn't hold $1.00 it better hold the floor at .63, because if it couldn't then one last stop was .50 PS.

When everyone was blaming Shorts, MM's or MAKO, the Market was clearly indicating they were not believing Leo.

It's too bad, what has happened here. However, it's managements fault IMO. I saw it coming way back and posted the disaster that would happen. Buyouts or Partnerships are only Long Shot hopes of those who, are in many cases 90%+ underwater now.
Averaging Down turned into throwing good money after bad, as the stock keeps falling with nothing stopping the steady decline to date.

Clearly 'Tests' with two patients are a canard.
Yes, this can go down further, a lot further. It can go down to nothing.

Most here thought the PPS going under $1.00 PS was 'crazy'. I was ridiculed for stating so.

Realize one thing, you have a good chance of losing everything with IPIX.

Al always, it's JMO, but that said it's been a lot more accurate than many others in the just around the corner camp.

Wish you and all the holders all the very best-

-Bunny