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Biotech / Medical : Anthrax test from VLPI

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To: peter michaelson who wrote (46)10/25/2001 2:22:36 AM
From: mtnres  Read Replies (2) of 142
 
That's, of course, always possible. Especially on the OTC market. I have seen VLPI's stuff in a Home Depot prior to 9/11 so they weren't totally bogus. Detection of bacteria was one of the items they offered prior to 9/11 so it's not a complete stretch they can have a viable product. Granted there has been massive profit taking by some and heavy losses by others that got in at the end of the run. Now, the big "if" is IF they get this product to market, IF it works, and IF people buy it. Time will tell. Thanksgiving is quite a stretch away yet and a larger company could beat them to market and out distribute them most certainly. Best case one could hope for now is that they have a real product and perhaps someone else looking for opportunity will buy the whole shootin' match. I sold my last shares at a loss today to get the cash freed up for something else, however, I made money all the way up and because I was on the road working most of this week instead of at my computer watch the stock market, I took a good beating on the last few shares I had but with the profits I made on the way up, it more than balanced out in my favor. Additionally, I still believe there is hope here and if the drop continues, most certainly plan to get back in. The buyout theory might come to pass if they have a real product or they might still start selling them like hotcakes. Either way, if it gets cheap enough again, I'll toss some more gambling money at it. OTC is mostly like legalized gambling anyway. When the average Joe starts to make a buck, the big bad wolf usually isn't too far behind to take the wind out of everyone's sails and get back the money he may have lost. It's almost always win-win for the MM's and feast or famine for us....often both in the same day. You have to keep your eyes glued straight ahead and bet with your head, not over it. The only difference between OTC stocks and playing craps is the DD you can put into it and the experience to know when to get in and out. VLPI is no different than most in that aspect. The saviors of the universe still crack me up though. I am pretty sure if there were a million posts on SI that I should stick my finger in a socket and gain everlasting life, most of us would still be here to talk about it.
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