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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (19636)10/16/2006 5:53:05 PM
From: lexi2004  Read Replies (1) of 23958
 
GNBT....Yikes, just bought some today at 2.31 and it so far has hit 2 in AHs. Without really studying the earnings report, just looking at it in a cursory manner, it appears to me there are several negatives. The increased spending for administration and decreased spending for R and D. You see something good in that report that I'm missing? BTW, I've traded this stock since it was around .80 or so, so not here to "dis" your pick. At one time I had a significant amount of money in it. In addition, still holding my current shares. didn't buy a whole lot. From experience I've found that when GNBT has less than good news, they often close behind release a good PR.:)

Lexi
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