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Innovation Pharmaceuticals IPIX
Posted On: 02/22/2016 12:57:52 PM
Post# of 72446
Posted By: Mo
First off thank you to Kelt, someconcerns, thefamilyman and scgmck1 for suggesting coming over to this board. I have been reading the other board for many months and it is getting more noisy by the day. The question I have is where are the large sellers going to come from once CTIX hits upcoming milestones over the next few months? Any one of the milestones Leo layed out to be completed by 7/1/16 could easily push the stock over $2 which should move us out of the pinks. Leo and Menon hold the majority of stock and won't be selling anytime soon. I also question if Aruda will be selling. If you were a co-developer of a drug that was a cure for many cancers would you sell for peanuts or wait for a just valuation to reward your efforts? Most on this board are in it for a much higher valuation. Maybe I am missing something but I think the laws of supply/demand could catapult this stock with a series of positive news on the science progressing between now and July. JMHO













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