InMed Pharmaceuticals Inc (INM)

[lesgetrich]

I keep telling you folks that this is a long term play. It will take at least another year before we start seeing clinical trials and months before we see commercialization of biosynthesis. In the meantime, it's like watching paint dry. We may see a spike here or there or a move to a new trading range but barring any surprise announcements the pps will probably drift a little up or down.

If you're into trading you can play the flip. Personally, I'm a long term investor and may add a little here and there when the price is right and I have some ammo. I'm betting that they have some good drugs in the pipeline and a superior biosynthesis technique that will pay off big time over the long haul. What doesn't do any good is worrying about what the pps is from one day to the next.