Replies to post #367104 on Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

So was the market acting rationally based on Leo’s information or were traders pumping for the dump?

Well, I started happily buying as a long around $3.50 after all that news expecting significant appreciation from there. A $350M market cap wasn't all that high for a phase 2b complete antibiotic and a P53 drug curing stage 4 cancer in phase 1. You couldn't find a long on this board who thought $350M was over prices for CTIX in 2015.

You seemed pretty convinced about K. Why would Dr. Menon give up all those shares unless it was the real deal like the PR said?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=107340920

Brilacidin too! Jorgenson wouldn't join us if the numbers stink!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=109534794

You said it was going to save hospitals millions per year. And you were selling for one of the largest total joint companies at the time.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=108953640

So yes, I think plenty of real longs were very comfortable with the idea of the company going well above that market cap (with good reason!) back in that time period.


Sadly we just got it wrong, and wrong, and wrong, and wrong over, and over, and over again. And here we are...praying for COVID results to be better than curing stage 4 cancer.

Go IPIX!