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Re: Ramberts post# 1550

Monday, 05/13/2019 9:53:55 AM

Monday, May 13, 2019 9:53:55 AM

Post# of 2476
Ramberts....If it is any of your business, i sold BEFORE posting that, and i only sold a small portion to lower my cost basis.

Now then listen:

1] IPIX had no news of central importance that would change the fundamental outlook for the company yet. And i was on record with posts saying it was too soon for a deal to be announced. They did secure a short term funding deal with a MFO that will give them more time to get a deal done with a partner. And i believe they will.

2] The reason MMTIF will not fall back in share price is that the news of their deal will fundamentally change the outlook for the company forever.
The present price is just plain stupid in proper context. For example at the present time [this is that fact i mentioned earlier] i BELIEVE there are at least four major companies that would be happy to buy their patient portfolio for several times the present market cap. I am not predicting this will happen but just using it as an example of how inefficient the stock market is at times.
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