Replies to post #80110 on Innovation Pharmaceuticals Inc (IPIX)

[waikikian]

Find another stock!

[tombrady12nh]

Nice born on date slick!! LMFAO
Go CTIX

[daydreaming2]

Couldn't wait until 3.50 to get back on this one? It's all good just wait for the dip $9 to $8.50 to get in!

[abbam]

Yeah, I agree with you. It is hard to get in now.

But think of it this way, it will be harder @ 50 or @ 100

[tduggan]

Seems over bought. I have a hard time stepping into a stock that just doubled in such a short time frame. Thoughts?

Yes, I have some thoughts. It seems you are more comfortable when a stock is not increasing SP at this rate. So, you can buy stocks that are appreciating more slowly while keeping an eye on CTIX. Some years down the road CTIX may mature and stop it's rapid growth, then you can buy into CTIX and feel comfortable that it will not increase at the same rate it has been these past few years. Besides slow growth stocks, there are also CDs and many other instruments with a slow rate of growth that may make you more comfortable.

[vip1999]

It wasn't that short, if you even look before you speak, you should see the chart from 2012 where it hit 2.41 from .50... that is almost a 5 bagger. If we were to do the same this time around, 1.70 would be about the average in 2013, it should be at $8.50 not 3.30.

Mind you that .50 - 2.41 was not even revenue related. So 8.50 is just being conservative. I am looking for this company to grow to $50+ within ...10 years(changes from year to year, depending on the progress).

so... my question to you is... what is "short time frame" in your perspective.

[TheMonolith]

Sometimes I have the same trouble. Sometimes that fear was warranted, but sometimes I kick myself after watching it double again. This chart however wouldn't trouble me. Fairly textbook pennant within a very well supported multi-year consolidation breakout. Haven't even started on the fundamentals ahead.

[TheDane]

Get in now for the next double.

[BenjaminN]

I can't believe the answers you got here, I guess everyone is full bull atm.

The obvious solution is to just begin with a starter position and then buy the dips until you're fully loaded.

I don't recommend trading this beast, might get burned.