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Biotech / Medical : XOMA. Bull or Bear?
XOMA 33.53-2.8%Nov 12 3:59 PM EST

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To: aknahow who wrote (17052)7/11/2004 10:21:16 PM
From: Bluegreen  Read Replies (2) of 17367
 
Great letter to Castello. Castello and his crew think the company stinks so bad they can't wait to file to sell shares. I do feel sorry though for people who just can't bring themselves to sell shares like Castello and the gang at Xoma. When you see the Founder of the company and its CEO flipping options why not SHORT IT??????? You know Castello and Scannon are not just selling a few shares just look at the amount according to my last post!!!!!! Can you imagine these guys making HUGE profits on options and then not buying the stock at these prices???? The only conclusion I can come up with is they think the company may not be able to raise cash and they might have to restructure.
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