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Biotech / Medical : IPIC
IPIC 0.0001000+899.9%Aug 15 3:35 PM EST

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To: Andrew H who wrote (522)8/8/1997 9:14:00 PM
From: Grainne   of 1359
 
Andrew, any information whatsoever is appreciated over here, and thank you very much for your contribution. Sometimes this thread seems to be more about trading strategies than IPIC itself, and sometimes it is almost necrotic!!! Having said that, I defer to any medical people here to comment on the the materials you brought over for their perusal.

I have held this stock for well over a year, buying and selling it several times and making money, but unfortunately the last shares I purchased were at $37.00. In hindsight, I should have sold soon thereafter at $42 something, but I didn't, and when the stock plummeted to the low teens recently I was very concerned. I went over to the AOL boards (I think you have to be an AOL member to access them), and there were a couple of doctors there arguing that the low share price was a definite buying opportunity, and that the drugs this company has in development and late stage trials are really, really good. For some reason, although usually SI threads are the best, AOL's seems more informative on this stock.

I am not really that impressed with the performance of Redux, and the significant questions about serious side effects. I finally made a decision to keep holding the stock removing Redux totally from the equation. It may be quite a long-term hold, however. I would welcome the comments of any soothsayers who have crystal balls and can accurately predict when the stock will hit $100!!!
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