Innovation Pharmaceuticals Inc (IPIX)

[BenjaminN]

Here is my prediction,

We are consolidating in a support zone here. No good or bad news is on the near term horizon so very few flippers are pushing this stock in either direction.

Starting next week we will once again begin the anticipating and predicting of when we'll get the next news update. Most of the anticipation will be about when and if we get orphan drug designation.

Eventually we will get Orphan drug designation for B and we will move above 2.00, after this we will begin a descent back below 2.00.

A similar pattern will play out until the end of the summer...

I would love to be wrong as I hate this scenerio more than any others so at least if it's going to happen this way I predicted it.

IMO