Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

By "come to Jesus" moment, I simply mean there will be an event or date that all investors are looking at or a major catalyst. For example, DF schedules a press conference to discuss results of Kevetrin's PI study. There will be a ton a speculation and action based on which way Mr. Market things the news will fall.

Everyone who is long or short will have a "come to Jesus" moment about how much risk they want to have at that moment.

If I'm up 800% to 1000% at that point, I will hedge and I might do so much earlier if my instincts and investing rules tell me I should. As others have said, everyone should have a plan and I can't give individual advice.

I've committed a significant amount of capital to this play and am up ~100%. I haven't hedged a dollar because I see no need to AT THIS POINT. Again things might change but I anticipate staying completely 100% long and non-hedged for some time. Everyone needs to do their own DD and make a plan.

Don't break your rules once you set them because you made the rules when you were rational not when you're being ruled by fear or greed.