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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Don't be a sucker. I hope that no one is going to

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Post# of 72446
Posted On: 10/28/2015 8:19:02 PM
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Posted By: Drano
Don't be a sucker. I hope that no one is going to be silly enough to believe the FUD posted elsewhere, that it would be reasonable to sell Kevetrin for 1 billion dollars, and that therefore this stock isn't going to be worth all that much down the road.

Who in the world would think that a 1 billion dollar price tag is a reasonable buy-out figure if it really is a cure or important treatment for cancer? A few billion dollars ANNUALLY might be a reasonable royalty for CTIX to collect, if it works as hoped.

It's a classic fallacy -- base your "analysis" on an absurd postulate.

Given that the pharmaceutical industry tries to claim that developing a drug costs a billion dollars, why would anyone do this if the best they could hope for was to recoup their investment?

Balderdash. Don't be a sucker and believe that lie.



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