>>Uh? Andrew, speaking of "sales" what's you current take on Cytogen? Buying opportunity or falling knife?<<
My take on CYTO is that I have heard all kinds of good things will be announced in the next few months--ALT P3 results and trials, a good financing deal, good P2 on quad as a THERAPEUTIC of bone cancer (no other drug exists for that indication as far as I know); I am told the P2 might be sufficient for a supplemental FDA application. There is supposedly an oral insulin product being developed along with Elan as well as a whole new oral delivery technology which should be annouced soon. And the PMSA based vaccine that was in the news in April is showing long term efficacy. I hear prostascint sales will double this Q, although quad is ramping up slowly.
Now if all this is true, one wonders why the stock is languishing and moving slowly down. I am clueless. And suspicious. Perhaps there is something I don't know. But this company has a lot going for it and sooner or later the price SHOULD reflect it. I got called out of most of my position on margin, so I have bought some Feb. 5 calls. I really don't know what's going on with the price, but suspect it won't be in the 3's for long. On the other hand I am not shovelling a lot of money into the stock either. Watching and waiting. But, IMO, it has the POTENTIAL for an easy double with some good news in the current bio rally. Hope that helps.
>>Thanks for the information on Inflazyme, is it "easy" to trade in those exotic exchanges (is it Vancouver?)?<<
This one is worth doing a bit of research on, IMO--one of my old posts on this thread provided a couple of sites presented by a doctor who posts on the SI Inflazyme thread. Rothschild and Goldman Sachs are working with them, and they should relocate to the Toronto exchange by the end of the year. While Vancouver is not THAT exotic, the company realizes it is not the place to be. Stock recently went from 1.80C to 2.30C. Still it is very easy to trade on that exchange. However, they also exist on the OTCBB under the symbol IZYPF (I think). Will see if I can find the website of that post for you.
Here you go. This should get you started:
techstocks.com |
