Replies to post #54723 on Innovation Pharmaceuticals Inc (IPIX)

[Bruinfan4ever]

Nope, stock still un uptrend. Many Pharma stocks down today. We continue uptrend tomorrow.

[MinnieM]

I'm not a chartist, but, I don't see it going as low as you fear. It's clearly range bound with an overall bias to the upside. I have more money here than anywhere else. I've slowly added as they achieve milestones.

Solid events are happening regularly. We should have four trials going on by the end of the year. It may even end up being five.

It's not a good time to be out. For those that like trading in and out the share price matters. For me it doesn't since I expect it to be up dramatically in 2015 and will just sit on it. If lucky, end of 2014 sees a huge move.

We all have our different trading styles. Mine is to hold if I like the fundamentals. Good luck to all.







In Reply to 'etradeedge'
Has the dead cat bounce ended and begun it's weekly rolling over resumption to the downside target of 1.63? Dr Jerry, NR help me out here.............

[WILD_4_IPIX]

'etrade' ....straighten up young man , hahahaha


“Self pity becomes your oxygen. But you learned to breathe it without a gasp. So, nobody even notices you're hurting.”

GO CTIX !

[TheDane]

No. If it actually drops to the 1.60s it will be a one day flash drop before spiking to the $2s for good.

Book it. :-D

[noretreat]

Too little volume to trade in and out on little moves. Stock is neither overbought or oversold. So for me the TA says hold. After talking to mgmt, talking to a number of large investors and seeing how CTIX looks relative to a fair number of others, I'm in this through 2015 (unless there are material changes affecting prospects).

I will grant you that it could go to the 1.60's ... $1.60 looks like solid support, 1.75 decent support. If it hits either number, I will buy more.

In the meantime, there are a fair number of parabolic moves going on elsewhere...these are the best times for investing in biotech EVER>