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LIP - Lipa Pharmaceuticals

Joined
11 October 2004
Posts
352
Reactions
1
Anyone have an opinion on LIP? I got tipped it by a relative, but don't know anything about it - apparently it benefitted from Pan going under.

Its been a pretty bad couple of days...need a winner.
 
Re: Lipa Pharmaceuticals

Hi Fleeta

Hard to find anything positive in this chart. It lost nearly 40 % in January and its been slowly going down ever since. Hopefully your tip is a good one because it doesn't seem to have benefited from Pan's demise. Actually, the tip would have to be very revolutionary to affect this share price.

 
(LIP) Lipa Pharmaceuticals Ltd.

Anyone know anything about this stock? Seems to of broken on the 4/1/ and heading north rapidly, 12% increase in 4 days, however did drop back today. Sorry for lack of chart.
Cheers
Luke
 
Re: Lipa Pharmaceuticals (LIP)

They are a generic drug manufacturer. They floated after PAN went under and went as high as $2.70. They later announced they would not meet propectus forecasts and have slowly fallen since then. The recent rise is not impressive if you look at the chart.

I sold this week.
 
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