Innovation Pharmaceuticals Inc (IPIX)

[Empiricst1]

Believable conversation, yes, but the whole extended conversation with estimates of multibillions of value implies 4-8 huge successes and we have only one 2b finished and reported, and one coming, and nothing else anywhere near. I am long for over 3 years, overbought in fact, and feel huge valuations a possibility, as well as .25 cent valuations. Just too early to tell, and too much not reported yet. These discussions too often convince the retirees to invest more of their 401's than justified, college kids to play with their tuition money, plungers to plunge, etc. And, to date, every single time this has happened, a good pop that is, the money ends up in the pockets of BP, and others and the bag holders lose.