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Innovation Pharmaceuticals IPIX
(Total Views: 329)
Posted On: 10/11/2018 8:50:52 AM
Post# of 72451
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Posted By: zdubble17
I think what cracks me up is that this company has a market cap of $26 million right now. What people don't understand is that this company is not going away, it has no debt. People feeling down about this stock should check out a company that is no more called Orexigen who had one failed drug. In Bankruptcy they had 250 mil in debt and still sold themselves for 75 million. Ipix has 3 drugs, multiple indications QIDP/Fasttrack/ and BTD soon. oh and NO DEBT! If worst case scenario hits we would sell this beast for at least that if not more. The BTD or PRV would be $150 mil easy, which is 6X today's stock price. IPIX is not going anywhere and even in the worst case scenario, the shorts lose. GO IPIX!













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