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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Well said. Right now the MM's are attempting to t

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Post# of 72446
(Total Views: 455)
Posted On: 11/21/2019 10:41:41 AM
Posted By: BooDog
Re: farrell #61025
Well said. Right now the MM's are attempting to throw fear out there. Example, CDEL on the ask with a major wall of over 247k shares at .07. If the seller was really REAL they would just ditch wherever they could. Personally I sell at the ask unless there's a true reason to just dump. And IPIX clearly IS NOT in that category. Too much potential that we do see a deal soon. These deals come out of the blue too, if another company or one of the ones they've been in talks with decides they want in (without going through Locust Walk), it'll be major. Anything can happen.

I've lowered my cost basis substantially with a few swings and adding lower. I'm in standby now to see where bottom sets in but I can tell you, TO ME we're getting close. Just waiting for my chart indicators to say go for it. And really, I've mentioned before, the price is irrelevant imo till we do see that deal.

IMO of course.


Quote:
One bright side is my cost basis is down to .27 cents. 10 cents lower the 6 weeks ago.

Still throwing chips on the table because my hand looks like a winner.

Just waiting for the big pharma to call the fudsters bluff.

I am looking for very good news in a few weeks.

Still very optimistic.

I have been wrong before and I have been very very right before, too.

All JMO

Every investor has to do their own due diligence and place their own bets base on their own situation.




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