Replies to post #398363 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Even school kids should be able to see past that cheap lottery ticket stuff.

Someone who bought 1,000 shares back when they were selling for $4.80 and held those shares....I'll bet a few are reading this....saw the market value of their holdings go from $4,800 to $18.
And yet some of those people think that those $18 worth of shares hold some promise. They thought the same thing when they were worth $4,800.

"You may as well hold on" isn't a very smart strategy if it's based entirely on a cheap share price. It's cheap for a reason....multiple reasons.

[zandant]

"The Penicillin of the 21st Century." LOL. More like the Pennycillin of the 21st Century. Under your scenario, the book you are hoping to read will most likely be in the Fantasy genre. Realistically, if there were a Train-Wreck genre, IPIX and Ehrlich would fit right in.