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Biotech / Medical : Cell Pathways (CLPA)

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To: Sir Auric Goldfinger who wrote (250)10/21/1999 3:27:00 PM
From: Neuroguy  Read Replies (1) of 566
 
Auric - hang in there buddy!

Don't give up! When the institutional shorts start covering, as they have been for a few days, hang in there! Don't be dismayed to see the big guys leave. Keep waiting for the sub-5s. When the stock gets back into the 14s where it was prior to the massive shorting - hang on!! You know so much about the shortcomings of this company, don't be put off. And when FDA approval comes through and major funds buy, hang in there!! It'll be back - well, maybe with a few zeros after the 5!!!

If you are going to take a short position, you need to know more than the longs. Clearly you don't here. You got in way too late and will be slaughtered to no one's dismay.

Try educating yourself on the actual technology here and you'll you'll appreciate why the big shorts are bailing at this stage. By next Monday what the FDA will have done is accept the filing of the NDA. Then we're looking at an effective drug with no side effects of consequence on Fast Track for an Orphan indication. The odds don't get much better than that.
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