Replies to post #90211 on Innovation Pharmaceuticals Inc (IPIX)

[1400]

In other words these shares were purchased after the stock had almost trebled in price over four months. It's only in the last two months that the price may have been higher than it is today. Go back the four months and you wouldn't be complaining.

[BonelessCat]

Chart says shares purchased before Dec 8 are still green. That's less than 2 months.

Most of the shares purchased the past 4 months are down.

[58nout]

I look at it this way. I'm way up because I was patient. There were early days when the stock lost large chunks of it's market-cap. There were days when not one share was traded. Did this bother me yes. Did this shake me no. If you can't make an investment and trust what you've done is correct, then this is not the space to be in. Listening to the short-sighted whining gets real old after a while. Either believe in what you've invested in, or move on.

GO CTIX

[sox040713]

True, it's not a good feeling to be underwater. But the 30% decline has nothing to do with failed drugs or negative news. FDA delays are part of the game. Patience will be greatly rewarded.

That's great, but down 30 percent since the CC in SF. Depends on how you look at it... Most of the shares purchased the past 4 months are down.