I agree with Pete from the perspective that it is best to not get caught up with short term timing expectations but bandg brings up a very good point in that it would be risky and IMO foolish, to not maintain a full position while we wait for an IPIX partnership to get finalized. Leo has surprised us in the past with news like the European Subsidiary announcement that no one saw coming. A major partnership deal or other big event could be announced at any time at which point IPIX share price could rapidly rise. Another small and criminally manipulated OTC stock, PTOI had traded under 1 cent and sat at 2 cents with minimal volume for a very long time. Long term shareholders were not selling at ridiculously compressed shares prices. (Sound familiar?) In the past 2 weeks it appears that some large entity is acquiring a large position and has driven up PTOI SP from .02 to .095 which is a huge percentage increase but IMO is just the infancy of a very large run. This is an example that the criminals will keep SP artificially low UNTIL THEY CAN’T. This same scenario of new demand driving up SP could happen to IPIX at any point but NONE of us can predict the WHEN. The criminals desperately need Longs to sell them REAL SHARES. One of the criminal strategies and false narratives will be “No deal is coming anytime soon so you might as well implement some tax-loss selling before 12/31 as you will be able to buy back your shares at the same or lower price 31 days later”. The criminals will continue to compress IPIX SP and will do their best to push IPIX under the 12/31/18 price of 7 cents. In the short term maybe the criminals will be successful and maybe they won’t. Many Longs will take advantage of the SHORT TERM ridiculously low SP and add to their position and smart LONGS will not risk being on the sidelines when a deal could be announced that drives IPIX SP into the dollars. Long term IPIX investors with patience will be handsomely rewarded IMO.
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Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
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