2011 Biotech Charity Contest Message Board

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Biotech / Medical : 2011 Biotech Charity Contest

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To: Jibacoa who wrote (230)	7/7/2011 9:57:20 AM
From: A.J. Mullen	of 400

Insider selling is always worrying. I paused for thought before buying when reading about an ostentatious car (Ferrari or some sort) owned by a senior executive. At the time I decided that's just a symptom of the compensation of executives in start-ups, but maybe those tastes lead to selling at inopportune times. I increased my holding to half a unit when the Pepsi deal was announced. I expected much more of a pop on that news. The prices seems to have moved more on SNMX's inclusion in the Russel 2000 and 3000 indices. Jim, I don't know what their profit margins will be. Maybe less than pharma, but high nevertheless. I think of SNMX's enhancers as levers for sugar or salt. They will have many more consumers than for any pharmaceutical. Ashley

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