IXC 0.00% 7.0¢ invex therapeutics ltd

IXC Broker Data, page-27

  1. 941 Posts.
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    If you are feeling a bit wobbly just remember the only thing that matters for this stock is that Presendin™ works and everything so far would seem to point to the fact that it does, in spades. So IF it works you are going to make money guaranteed ! It does not matter if you purchased at the $0.53 low in March or the $2.05 high in May, nor if the FDA want a singe trial or two, you will make multiples of your investment.

    Only 2 real unknowns here, can the Phase II results be repeated ? Will FDA want a second trial ? Neither of those outcomes are known to anyone at this point and the outcomes are completely independent of the share price. So the current share price moves provide no information about those risk. Given the selling is pretty controlled it feels very institutional and very focused on year end. If you have risk budget it is probably worth adding a few below 70c. Wishing everyone a very happy Christmas and a profitable new year.
 
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