Replies to post #70287 on Innovation Pharmaceuticals Inc (IPIX)

[TheMonolith]

Bottom..The short play from a few days ago should be mostly played out now. Looking for a slow recovery back into the 2.20's.

[streamingeagle88]

Not brutal but beautiful. When the RSI reaches 70-85 the next move is down 95% of the time. Nothing wrong with the company or prospects.

Knowing this and playing the odds has allowed me to accumulate 20k shares today at $2.21, 2.17 and 2.13. Next buy 10k at $2.10.

Like you I want to be "in" when the "B" news hits. And like you I think that CTIX has rather remarkable potential..... just not tomorrow.