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Gold/Mining/Energy : Nuvo Research Inc
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To: axial who wrote (13418)4/19/2004 1:33:46 PM
From: SofaSpud  Read Replies (2) of 14101
 
I'm not sure I'll even hang in that long. The last quarter's results were disturbing, to say the least. At that rate, can they hang on until FDA, especially since we don't know if Pennsaid will ever be approved? I can walk away today having "only" lost 2/3 of my money. In the absence of FDA approval, I'm looking at losing 99% of my money in the forseeable future -- say within one year.

Of course, the minute my sell order is filled, the stock will be halted to announce approval. But I'm seriously considering it.
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