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BCRX i talked at length w ir/pr at bcrx,ir/pr is same person,here is the scoop,,JNJ has completed ph2 on the flue drug,JNJ said they would release results this mo,,,bcrx said they did not have to ,,they may wait to sept at that conf.she said they would like to see a steady rise instead of these pops they een getting,,said stock is a risky biotech,,they are spending 1 mil per mo,,they only have less than 2 yr of cash on hand,,these are the scenerio that were laid out to me by bcrx ir..JNJ comes out w ph2 results and they are good=good for stock,,,JNJ comes out w results,not so good= bad for stock,,even if results good they have to go to ph 3 ,,maybe 2 ph 3 maybe 3 ph 3,,who knows,,if the flu season is not so good in Alabama this year that means they have to chase flu across the world to asia or somewhere like that she said to do testing,,,alabama really doesnt even have a winter to speak of and the flu season is non existant sometimes,,but mostly hits in feb or later,,feathergill owns a boatload of shares,,i would suspect he may unload at this run up at least some of his holdings,,we need to watch for that,,he is widely respected as an investor,,i still say its came way to far to fast,,but i though that w ktel and got burned,,,,anyway they are looking for the best ,,but they had people puuting out bogus test results sometime back ,and that kept wall st away,,i think they are still in litigation on that with FDA,,they flat out gave bogus results,,which was very bad,,look for insiders to unload as most are in at sub 8.00,,any input appreciated as i shorted this thing too soon |
