Replies to post #177503 on Innovation Pharmaceuticals Inc (IPIX)

[baytdr]

I have no idea what those 3 investors in the pipe have in mind for their investment, but I considered that they possibly held shares at a higher prices and wanted to lower their basis. The wash sale rule would prevent them from selling their high priced shares for 30 days so who's the current seller? Same old question same old answer, I dunno. Suspect it's a hedge fund or Aruda or Aspire not wanting to hold thru P results, but at this point guessing seems like pissing into the wind.

[TheMonolith]

Not having a holding period is more often a sign of weakness for the company in the type of capital raise they just did. Aspire is one thing, but this is entirely another.

[TheBunny]

Now with The Three Aruda's PIPE investors with no restrictions, get ready, for more dilution.

I suggest that IF CTIX can't partner up soon, you will see this company in Dire Straights this summer/fall.

Best of Investments,
-bunny-

Emotion has no place in the markets. So easy to spin fear and distortion.