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Innovation Pharmaceuticals IPIX
Posted On: 01/06/2013 1:52:48 PM
Post# of 72447
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Posted By: Drano
Re: wild4ctix #5715

I completely agree. Some people have posted unrealistic expectations for immediate release of data, especially tea-leaf readers trying to read between lines of emails. Scientific research NEVER happens as quickly as everyone wants. And researchers are human too; holidays do indeed slow down research, despite what investors might want.


I am not selling a single share. I have recounted my DNDN story ad nauseam so please stop reading if you've seen it before:


I bought DNDN calls when it was at about 5. I then sold covered calls against it. The stock went down to 3, I bought back the covered calls, and then it began to rise. When it got to 7, and started to weaken again, I sold. Boy, did I think I was brilliant, doubling my money on the equivalent of 4,000 shares.


The VERY NEXT DAY it gapped up to 21.


I won't be fooled again.














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