Yes it's tough to gauge biotech. I'm unsure on the potential gap due to just how undervalued we are. IMO when and if we post stellar phase 2 results and then partner......just how manipulated was this stock will determine that answer. Once we have real investors and a grand audience I believe the truth will set IPIX free. We are currently trapped with a "you know who" audience.
My first sell will be around 20 dollars as I feel that is about right for me. I don't trade so when I sell those first few shares, I will take my cost out and have a good return. I will then wait for over 60 for my next sell unless Leo sells the company. The markets our drugs are in are in the MULTIPLE BILLIONS, all of them. I do believe B is the next Humira type drug...so my belief on that puts this stock in the 100's of dollars with our OS. I believe Kevetrin is the HOLY GRAIL of cancer research.
Obviously if results are bad things will change, but that is my plan and I see no reason to stray at this point. Biotech is a long haul...I started maybe 5-6 years ago and plan on another 10.
Have a great night and come up with a plan that makes sense to you...anything can happen at any time here! It's biotech!
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