Replies to post #54736 on Innovation Pharmaceuticals Inc (IPIX)

[TheMonolith]

I don't follow fundamentals. Know why? When Apple was at $625 two years ago, I was told the PE ratio said it was undervalued, and that $1000 was the reasonable value, according to cash flow analysis, debt loads, share structure, margins, and most importantly, operational cash-flow.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96289388

[MinnieM]

CTIX doesn't have enough daily volume to use it as a day trading vehicle. When I day trade I look for above $2.50 in share price along with at least a couple million in average daily volume. The higher the volume the more attractive it becomes as a trader. I don't like getting stuck.

You can swing trade in and out, but, not day trade routinely.

And, most people lose in the market no matter what style they employ.

This one is risky, but, less so than others at this stage in this sector.






In Reply to 'septmike09'
I don't follow charts much. reason being it only shows where the stock has been, not where it's going. do you know that 90 percent of day traders lose their money? And that is a fact. But you are going to tell me that you are one of the 10 percent trading an OTC stock trading a couple hundred thousand a day. lmao.