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Biotech / Medical : VaxGen Inc.-The 1st AIDS Vaccine in Phase 3 HumanTrials

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To: Chris Belk who wrote (245)5/29/2003 10:00:32 AM
From: Geriq  Read Replies (1) of 250
 
VXGN did in fact bump up on the news, as might have been expected. Need to be careful that this is not predomintently emotion. Although this is potentially huge news, I would not be surprised if the stock drifted down to close to where it was 2 days ago. Especially as those who see a profit decide to take it.

Just thoughts. Personally, I hope the stock continues to rise--but I'll be surprised if it does (of course, it wouldn't be the first time I was surprised).

VPHM had a big bump a few years ago when they anounced a cure for the common cold, then dropped to baseline in a couple of days. Another company (don't remember which) announced a breakthrough in the treatment of breast cancer and I think tripled. A week later was back where it started.
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