Replies to post #227758 on Innovation Pharmaceuticals Inc (IPIX)

[cybermich]

EXACTLY..

simple explanation for the price decline..

and it does NOT fit into the SHORT and DISTORT story..

CTIX/IPIX has been getting a LOT done on a shoe string budget for

years now.. and we are finally at the goal line..

Those spreading FUD have imo done everything they can to pile on

the stock's declining price.. in order to equate share price with

"failure"

I guess if you are a trader.. and you bought high and sold low.. you "failed"

As an investor who has averaged down.. imo the company has succeeded in most of their goals.

Partnership(s) being the achievement we longs are all waiting for.

The share price will follow.

[Amatuer17]

Aspire selling is a fact - lack of any incentive in terms of progress is reason for lack of demand

The lack of progress —> lack of attractive future —> lack of interest to buy shares —> SP goes down

If co was attractive - investors would have absorbed this quantity and SP would have gone up.

[loanranger]

This was the question:
Do the purported "constant short and distort attacks" (that you have been referring to in each of your posts) explain why the share price continued downward in spite of today's press release?

I assume that this wasn't part of your answer, but my response to it is "No. Doesn't matter to me at all. It's challenge enough for me to justify my own presence to myself.":
"Ever wonder why so many non-shareholders stick around and express “concerns” about this company daily?"


So this then is your answer....
"I’ve been saying that the #1 reason for the constant decline is Aspire. Today’s 10-Q backs up my claim."
Which would be helpful if it could be shown to be true. Today's 10-Q provides no information at all regarding the details of Aspire's sales.

The only thing that we KNOW is that 1)Aspire has not filed to report a holding of greater than 5% of the outstanding and 2)that the share price has been weak since 2015.
But the question was about the price response to good news on one day (actually about its uninterrupted weakness), not about "the #1 reason for the constant decline".