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The good thing about Lemoncat's bogus claim is that with that post, he has proven what we have known all along -- some basher identities try to masquerade as bulls, until they become panicked enough to show their hand.

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I said:

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IPIX stock price using royalty based IONS PE of 41 = $9.67- $19.35 * 0.22 = $2.13 - $4.26
IPIX stock price using biotech average PE of 145 = $34.22 - $68.45 * 0.22 = $7.55 - $15.06

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The numbers come back down to earth once you factor in that multiplier. I think that $2.13-$4.26 range is exactly where we will settle in after our first partnership. A very healthy valuation for a $75M upfront partnership with a 12% royalty.

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A compelling buy for anyone with high-risk capital when using actual conservative estimates.

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I guess I'm missing how this makes me a basher? Would you classify that post where I suggest, at a minimum, the price should be 15x higher as bullish, bearish, or neutral?

I think when I say IPIX is "a compelling buy" with a price target of $2+ that I am soundly in bullish territory.

Just wanted to make it clear to readers that I am not a basher since you don't respond to my posts. They might think I was bashing or something and you deleted a post.

So I await anyone to explain how a 15x or more price target is bashing