Replies to post #12307 on Innovus Pharmaceuticals Inc. (fka INNV)

[biotech2]

my average is 11 cents as well. Got 300,000 shares, looking to go to 500,000, and hope to sell at 20 cents sometime in 2018.............

[Biotech Pharmer]

will be drifting down from here at .09 to .075, possibly .07 by EOY with tax loss selling in Dec. They can't show anything positive now until March, and given allergy season sales, probably not until May 15 at '18Q110Q. Unless the original Fluti ANDA makes news, but I wouldn't bet the farm on that happening. They really need to reign in their insane cash burn. I wonder what the margins will be on Fluticare. I'm thinking 50% max on Westward product