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Innovation Pharmaceuticals IPIX
Posted On: 12/18/2012 5:09:25 PM
Post# of 72447
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Posted By: Drano
Re: TOB #4213

I view the small premium as a small price to pay for the 3 bucks intrinsic value. If some horrible unforeseen thing could happen (and with the FDA you never know) I at least have the knowledge that I didn't pay as much for the position as if I had bought the stock outright. And that 3 bucks of intrinsic value that I saved by not buying the stock, enables me to have a larger position for the same money, since I do NOT expect even the FDA to screw this one up.














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