Replies to post #152199 on Innovation Pharmaceuticals Inc (IPIX)

[NotRichYet2]

And if you had gotten in that FAR BACK , you would be UP nicely too now on HOLDING. FREE ON BOARD even on a sell of less than 20% on a price above $2 if taken at the time

[nerby]

I can't and won't argue that Leo made a good deal for himself. But I'll settle in comfortably for the argument that Leo has mixed quite a lot of work into his play. Leo hasn't been freeloading off my dime, nor yours. The clinical trial progression of CTIX is impeccable and comparatively rapid - that doesn't happen through the toil of south Florida elves while Leo sleeps. Leo is purely in the bidness of clinical trial progression of new drugs. That is his product. My company makes and sells millions of one thing, one product, every day. A successful CEO in Leo's business sells one product, one thing, every few years. I think we're getting close to one of those events in CTIX's case. Buck up.

[cybermich]

well.. if you had been fortunate enough to buy shares at the same time he invested.. then you would be able to match those gains (and would be playing with house money as well)

some shareholders are in that enviable position.

there was no guarantee that CTIX shares would be profitable at .50 going forward..

would you have put 2 million dollars on the line for a stock that was trading at .50...

I would have say that I would probably not.. (maybe if I knew what Leo knew back then:)..

but either way.. that kind of investment on a preclinical biotech takes commitment and guts.