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Biotech / Medical : The thread of life
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To: Benny-Rubin who wrote (690)5/18/2005 10:11:44 PM
From: Mike McFarlandRead Replies (2) of 1336
 
So, how many shares of glgc have you bought?

I am down a little less than 6% on it actually,
and let's see, I guess I've owned it six or seven
months. My price is $3 1/2 on about 60k worth
of shares. A pretty big bet for sure, but one
I can afford with no consequence whatever if
it goes badly.

When the nonsense is over with, they will
play the story out in Redherring magazine,
and perhaps the Motley Fool--revisiting the
old story.

It will double by '07.
But if a big shot gets into this via
the R&R conference, then I would be wanting
to play it for a smaller gain in a shorter
period of time for the obvious pump and dump.
Ariad goes to the well over and over, I am
obviously not happy with R&R.

It is some good potential as a story stock.
My guess is technology traders are sick of
molecules that fail, so this is as good as
anything in microcap biotech. And we already
that the shares are priced for free.
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