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Innovation Pharmaceuticals IPIX
(Total Views: 367)
Posted On: 06/12/2018 9:18:18 AM
Post# of 72446
Posted By: Chemdeps
Picked up the last batch of shares yesterday to round out the number I am holding. Never thought I would own as many shares as I do, but I am thrilled to be in this spot. I don't know about anyone else, but I am not here for pennies or even single digit dollars. I also don't know Leo, Menon or Bertolino but I have watched them execute a plan to bring the big three to mid-stage just like Leo indicated he would some time ago. As a result, I look at this small start-up biotech company and for me the risk vs reward is worth my investment. There is a potential for IPIX to partner one or all indications or be acquired which could result in a significant jump in share price. There is also a risk that such a deal may not come to fruition. However, 20 CDAs (not 5, not 10, not 15, but 20) is an indicator that there is a lot of interest in the company's pipeline. If such a deal happens and the share price does what it should, it will change things for my family. If it does not come to fruition, I will lose some investment dollars, but not anywhere near enough to change my lifestyle. I am willing to take that chance at this point....all IMHO.













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