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Innovation Pharmaceuticals IPIX
(Total Views: 1114)
Posted On: 02/15/2018 3:48:53 PM
Post# of 72445
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Posted By: Kelt
Re: AlanC #42000
We have all seen posts by some saying that they will get out when the SP hits $10 or $20 etc.All I can say to those who are willing to get out before we hit triple digits had better make sure that they are happy with their decision.Make sure that when the SP hits $100,,$200,,etc.that you can still look in the mirror and say you are still happy with your decision.
I wouldn't be at all surprised if we see $30-$50 by the end of 2018.How long and how fast it keeps going beyond 2018 is anyone's guess.
Someone elsewhere did some number crunching and predicted the possibility of $440 down the road,based on all the upfront and milestone and royalties (conservatively speaking) involving B,P and K.

I just plan on selling a few shares at a time after $30/share to supplement my household income.
After that I will sell 1/3 at $100 and see how things go from there.

Living on a fixed income is tough let me tell you.But there is one little tax benefit about having a 0% (or less than 10%) tax bracket.I don't have to pay long term capital gains

Kelt













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