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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who started this subject7/9/2000 1:04:42 AM
From: luis a. garcia  Read Replies (2) of 18998
 
AVN avanir pharmaceutical trading on AMEX
((closed at 3.187)) NOt! it actually closed at 3.50
however is at the top of its pennant and needs road shows and news to break out....
Labeling may be done.. rumors to that effect...we will hear more this week...
Road show kicking off around the 17th...
company is fda approved for a cold sore cream OTC.
the kicker is Labeling MAY BE DONE...
the second kicker is the stock has a little known product which is KEY FOR HUMAN GENOME PROJECT OUTCOME.. that is a fully humanized mouse patented with idec rumor broke out that peter bhrams the cosigner of the patent will join Phil already at avn...new lab is going in new bld...avn and idph pharmaceutical each owning 100% of patent rights...now developing a legal non compete agreement... ready for approval as well....
short term stock is expected to double and MORE...
just look at abgnx and medarex with their genome mice both now trading for 80 and 100+....
this is the HOTTEST most undervalued stock around....
enjoy and don't forget to do your own research..
luis
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