Innovation Pharmaceuticals Inc (IPIX)

[Panoz1]

I hope everyone can see (by the volume and upside bias in the SP) the company's funding sales have lessened or abated.. To me that has multiple implications:
- they have enough money for now
- other funding may soon be available (so share sales to "live for another day" as Leo once mentioned to me via email)
- or it could imply clues about results of compassionate use results might be know by the company (I do not believe anyone has trial results yet)

Either way, the company and it's funding avenues appear to either be holding off or minimal. That's a good thing..
This is just my opinion.. (but I have read tapes for years, 30yr Wall Street career)