Replies to post #152059 on Innovation Pharmaceuticals Inc (IPIX)

[cybermich]

Flash..

it really is a silly argument.

Some have a gift of finding obscure facts.. and I appreciate all the knowledge on this board..

but as we can all see (using the reverse split/no reverse split as an example).. "facts" or
partial truths can be used to make just about any argument (including mine.. lol)

Many of the longs here have enough experience to know this uplisting "story" first hand..

xxi_ in_ avx_ an_ nvi_

nothing like real life "experience" :)

imo CTIX is on the right path

[loanranger]

"So, if I read this correctly, not only is up listing important, the timing of it may actually be more important?"
Not MORE important, but certainly important. If one believes that Russell 2000 inclusion is also important (it is), then the time spent on Nasdaq or NYSE MKT that isn't also spent on the Russell 2000 loses some "juice" during that period. In other words an uplisting by CTIX in April of this year, or at any time before May of last year (December of 2014, for instance, when it would have been easy), would have been more beneficial than doing so today.. Doing so today would miss out on the Russell 2000 juice (provided by index fund buying) for a full year....but of course there are other benefits that would make doing so today valuable and some institutions could be expected to enter even in its absence.

I wouldn't try to answer these questions. I can't and they are clearly off topic:
"Did that other CEO bungle their up-listing? Should one be buying that stock right now?"
The post was only intended to highlight something that seemed to have been overlooked in the comparison....the fact that AVX_ didn't get the benefit that CTIX would have received had it succeeded in uplisting prior to last year's Russell 2000 reconstitution. Something it could have done.