Innovation Pharmaceuticals Inc (IPIX)

[GrassyKnoll]

Churning down in the 30s and well 40s for weeks finally exhausted the supply of fear and loathing share dumping. Then I guess there were more than a few Wong’s watching watching watching and hoping for a lower level finally as we approached a resistance level all the weight in the Longs just hadn’t gotten around to it picked up the phone or the mouse and bought. As for me I had $1700 sitting in my Brokeridge cash and so was good for 3400 shares of the total just my little self. Bottom line I think this is a classic psychological move off the bottom that may or may not last. And I don’t care because I am sitting on my accumulation as long as the science remain solid and the prospects for eventual approval or partnership remain and of course I’m still looking for that $.20 price to really love the boat but I don’t think it’s gonna happen