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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: mark wisdom who wrote (477)8/22/1997 1:25:00 AM
From: Analog Kid   of 1115
 
You're absolutely right. I will soon buy back the shares I sold a few months ago - for the same price! Unbelievable. Don't count out the possibility that the stock is being manipulated to allow certain parties to accumulate shares. My favorite company, Checkpoint (CHKPF) reported absolutely stunning earnings a month ago and the stock dropped like a rock (it beat all expectations, there are no whisper numbers for a company this size). Anyway, it is now starting to rise on massive volume. I think these stocks with a small float are easily manipulated by the market makers and/or shorts.

You're right about Peter Lynch, I just hope that LDAKA does have some EARNINGS within a year or two. I think their most exciting potential is the LMI anti-cancer stuff, apparently they had excellent results in mice. The only blemish is the bad taste in people's mouth you mention - maybe they will gradually be able to turn that around. We know their science is for real now.
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