Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

The point of investing is to make money. Take profits when you can, cut losses when you must. Keep your emotions out of it.

I did make money on IPIX and I sometimes posted when I sold stock (https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161522356).

I started selling more aggressively when IPIX announced that the safety committee for the COVID trial approved increasing the number of days of treatment from 3 to 5 days without regard to efficacy. This was the signal to me that the dosing levels being used were lower than this of previous trials. Based up the GMU data, a dose that was tolerable for 5 days would have very limited antiviral effect.

I sold nearly all of my shares before the release of the trial results.

I’m one of those people who read the source documents. I read the GMU paper (and posted numerous times about it), I read the IPIX trial details on clinicaltrial.gov, I read the CTIX letter to the SEC about their purchase of Polymedix and the UPenn license (and posted numerous time about it), I read the Aspire preferred stock agreement (and posted numerous time about it). Things look different to me when I read the source documents and get the facts.