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Innovation Pharmaceuticals IPIX
Posted On: 02/23/2013 6:29:14 PM
Post# of 72447
Posted By: petemantx
Re: Ovidius #7787

I don't think anybody is looking at the Prurisol refinement in synthesizing and manufacture as a problem nor was it stated as such.  The only comment was that it looks like the trial will start a little later than the previously expected 31Mar-5 Apr time frame and nobody had a problem with that change for the obvious reason that the delay is only to the benefit of CTIX in the long run.


As to next week's price action, I don't see much change except maybe for a bit of a rise from those who were already in, didn't have much conviction and recently sold, and now realize they should be back in.  Other than those folks, I don't see many new converts entering CTIX from this PR because they would have to know a lot about the history and procedures in both the DF trial and the upcoming P trial to even realize the positiveness of the recent events.  IMO.  Pretty sure it will stop the bleeding for a few weeks until we get further positive info.


Edit:  This post mirrors ideas posted by seel and others I just saw as I respond to msgs before reading all msgs in the queue prior to answering a specific post.  Glad to see my views are close to what others are also expecting and noting.


OT:  Just finished a golf tourney and should have won but gave it away.  Such is life.














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