Innovation Pharmaceuticals Inc (IPIX)

[joseytheoutlawwales]

Brave or foolish.
Time will tell.

My main concern is our starting point now should any bad news arrive.

If we were around 1.17 again, a poor P 2b result might drop us 50% to .50-.60.

BUT, we’re already at .50, so unless the market has basically priced-in bad P results already, we’re in for low .20s in fairly short order.

Im prepared for that, as quite frankly i never even considered P all that much when buying CTIX many years ago.
Im here for K, and now more importantly, for an ever-expanding indication for a Brilacidin platform that consistently has PROVEN SOLID.

Ill buy into these dips, as i believe a straight buyout, even with a gutter pps, and limited N trial sizes, that B would fetch at very least 1 billion. ~$6.

Worth the risk IMO.