Innovation Pharmaceuticals Inc (IPIX)

[TheMonolith]

That's a great point. I am comfortable with a position that is 10% of my portfolio, currently, but I'll likely ramp it up to 30%, possibly 50% in the right scenario. I wouldn't suggest it for anyone else, but I think I can manage the situation well enough. I don't have the luxury many here have of a much lower cost basis. I wouldn't hold that much of the portfolio for too long. It's my opinion that once 2.20 or so is surpassed, that it will reach $5 in a hurry. Probably will only take 2-5 weeks. I'm of the opinion that CTIX is likely to rise to $5, even if their pipeline ever justifies even half the current market cap. At that point, if it happens, I'll go back to around 10% of the portfolio and try to let that ride until a good verdict comes of B, P, or K. I'm really only here for K though.