Innovation Pharmaceuticals Inc (IPIX)

[vip1999]

If you talk to me a year ago, I would be very excited. However, knowing what I know now about Biotech stocks. Those figures will need to be proven possible before you will see that kind of numbers.

1. FDA approval, p1, p2, p3
2. Partnership. Full carried with milestone payment attached.
3. Straight buy out of the product or the company.(It won't be cheap once step 1 is slowly proven).
4. Good surprises like Orphan status, bidding wars, great results

I will be very happy to see $10( that is 5 bagger from here ) within the next 3 years. perhaps I am too conservative, but I still in the $53 club. :)