Replies to post #149264 on Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

That is not how early biotech works...especially when one is sitting on such a robust pipeline with 3 potential blockbusters. It's a slow and tedious track to get to the end. To hold out as long as one can while keeping the boat afloat is the goal. Imo

[Bruinfan4ever]

The share price will take care of itself. Let's not blame the CEO for impatient investors. You seem to have a daily problem, so to you a month must be an eternity.

Watching this new superbug on the news, that is resistant to all antibiotics, is really making me excited about Brilacidin. Come on, let's get this thing through Phase 3, so I can become a millionaire. FDA wake up. You're on the clock.

[incubus-now]

It's the 'product first.' Perfect the product, the market will price it. Then you can sell it. Still in the perfecting process. Getting close to the 'bringing product to market' but not there yet. No reason to treat it as if already in the market.

[sox040713]

Quote of the month! Talk about comparing apples to oranges.

Warren Buffett's advice on daily prices:

4. "With my two small investments, I thought only of what the properties would produce and cared not at all about their daily valuations."

If you focus on the daily prices of your stocks, not only is this unproductive, but it tends to cause investors to make reckless decisions. When the market is panicking, investors who watch their portfolio constantly tend to panic as well and sell their stocks at rock-bottom prices. And, when investors see trendy stocks going up and up, they see everyone else is making money and get greedy, buying shares while they're expensive. The basic point of investing is to buy low and sell high, but price-watching encourages the opposite.

As Buffett said, "If you can enjoy Saturdays and Sundays without looking at stock prices, give it a try on weekdays."

http://www.fool.com/investing/general/2016/02/21/6-warren-buffett-lessons-you-can-apply-to-any-inve.aspx

How many great restaurants have you been to only to see that they've close a year later?