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Biotech / Medical : Steroidogenesis Inhibitors (STGI)
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To: Bert Klimer who wrote (280)12/26/2001 2:11:57 PM
From: Jim Burnham  Read Replies (1) of 294
 
Bert, you must be horribly upset.

This new management has always been around, it isn't new. The only difference is that they replaced a scientist with almost no credentials with a team of scientist with much better credentials. Since then a number of scientific based lies have been brought to light. Sounds to me that the old scientist didn't know what he was doing?

Also, this company lives by selling stock. Didn't you notice that when you bought the stock? Did you do any DD?

They are a publically traded company because they are a research company that needs to sell stock to live. Since they are such a small company and they are restricted by the FDA when it comes to making claims (valid or not) about their drugs the only way they can survive is to get the word out to investors. That requires stock promoters. Again, did you do any DD?

Personally, I think you thought you knew what you were doing and what you were getting into and after you lost money, it occurred to you that you didn't really know what was going on. And now you are angry and willing to believe any lies about management in your crusade against this company.

Personally, I think it would be better for your health if you moved on.

Jim
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