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Biotech / Medical : GNBT Generex
GNBT 0.00Jan 27 4:00 PM EST
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To: rrufff who wrote (78)2/1/2006 7:06:48 AM
From: Hawkmoon   of 310
 
Good information to know!!

I haven't got a dog in this fight.. I just looked at the TA and it appeared the stock was ready for a big more, which is what occurred.

Now I'm trying to figure out how far that move will carry it, versus the risk/reward scenario and whether the company and its product is credible enough to put down a grub stake long-term.

If they have to do highly dilutive financings, it's indicative that they had difficulty convincing financiers that they had a viable product. But the recent warrants issued at 1.60 are encouraging that the price will appreciate to that level at some point this year.

But I'm expecting a bit of volatility in the process.

Hawk
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