BRLI got over $10 intraday.. I have traded it many times since those .66 shares, buying dips and selling peaks.
I do have some original shares in a lt account though.
Based on the micro-float, I think a BPRX type move is not out of the question.
I did have to eat around $20k when the warrants expired...worthless
But that is real small potatos compared to the gains..
Another bio dog, ARIA, has news today. I kinda figured they were leading it down the last few days.
ARIAD Lead Cancer Drug Candidate Shrinks Tumors Through Tumor Starvation
Late-Breaking News Presented at the American Association for Cancer Research Scientific Meeting
CAMBRIDGE, Mass., Apr 9, 2002 (BW HealthWire) -- ARIAD Pharmaceuticals, Inc. (Nasdaq: ARIA chart, msgs) today reported, for the first time, that studies on its orally active drug candidate for cancer, AP23573, demonstrate potent tumor shrinkage through a novel mode of action -- dramatic metabolic arrest and inhibition of nutrient uptake in tumors leading to cancer-cell starvation. Animals with implanted tumors treated with AP23573 at low doses for only five days showed significant, sustained reduction in tumor volume even after termination of treatment: 46% reduction in AP23573-treated animals vs. 150% increase in untreated animals. Repeat treatment courses resulted in continued reduction in tumor volume.
And XOMA has done a nice DCB since the big dump...But we knew that was in the works, right? |
