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Innovation Pharmaceuticals IPIX
Posted On: 12/29/2013 7:36:23 PM
Post# of 72445
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Posted By: seel
Re: MrW #11908
Same here MrW. I have no problem buying a stock at this level or double or triple this level. Depends on projection of success and all of those details included in dd around the structure and stability of the company itself. I won't be adding any ctix here - but if they had appointed a board and were pending uplisting then the story would be much different and I probably would - as I have done with other companies I've been long in. There are always times to scale up and scale down - depending on the medium term forecast. For now, I sit tight and remind myself of sticking to my rule of not over-weighting any of my spec companies. Trying to be very strict about good diversification. Do find myself feeling awful if I read a post where someone says "this is the only stock I own. Everything I have is here". That's pure gambling, not investing.













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