Replies to post #54790 on Innovation Pharmaceuticals Inc (IPIX)

[TheBunny]

Thanks TOB. My thoughts concur with your post. With so much positive news on a broad scale and we can't get back to $2.00, let alone $2.50....what's wrong ?

Anyone else with this much in the works, even on OTC, would have a higher valuation, in my view.

This surprises me, really. Just based upon the advancement of the Kevetrin trial at the Harvard Cancer Centers which by all reports is going fantastic, and a nearly a sure win considering the dosage being in the range considered likely efficacious and the lack of dose limiting toxicities to date.

Factor in the new phase 2b clinical trial underway for Brilacidin, the other Kevetrin combination clinical trial getting ready to start, and the IND for Prurisol... well it doesn't make much sense that CTIX has yet to make new highs.

I expected higher valuations, sooner. But... we need new buyers for that, and CTIX is not yet off the OTCQB

-bunny-

[TheMonolith]

Just need a catalyst to get people off their seat, and to get new eyes. It could be as simple as breaking out above 2.20 or so. It will likely take a real eye opening fundamental event. While much of the news over the past several months is encouraging, it doesn't make me want to load a full position. It's been repeatedly shown that waiting is fine, and that outside positions offer a better quick fix.

I agree with everything you just said. I'm just waiting for something to fully compel me that time is running out. My perception is that there is nothing of the sort in the next 60-90 days. Please correct me, if wrong. I may take the leap once K is strongly into the next cohort, regardless of anything else. For now, I sit with a small position, ready to add in the 1.60's, if presented, or a break over around 2.20.

[123tom]

TOB, that's a good post . I agree with those thoughts. The rally does seem overdue . The fundamentals are very good.

When I think about buying CTIX at 1.80 ,its not so much a matter of the price value,being so undervalued. its really more a question of whats the best bargain I can buy more shares at, and gambling whether we'll see one more good dip,and save 25 cents a share. before the next rally goes soaring. I don't feel worried about any great plunges to ridiculous levels, of course that would be a screaming buy. Maybe this price level at 1.80 is ok if one doesn't own enough shares. Otherwise, its a guessing game what price does in the next move.

a week ago I bought some at 1.82 because I thought this was time for the next rally to pop. Now, this week, since it didnt happen ,I sold those 1.82 shares ,and I have no idea what price will do in the next several days. But I'm watching to buy some at 1.65 if that happens.

[flourpower]

Why does it surprise you that it's "under the radar"?

It's OTC!

Institutions can't touch it and most investors won't even look at OTC stocks.

Personally, I swore off OTC stocks a long tome ago because they were free to make up stories and not suffer any consequences.

CTIX is a big exception for me.

Most investors aren't willing to make that exception.

Now, watch what happens when this thing hits the Nasdaq