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Biotech / Medical : PTN - Palatin Technologies Inc.
PTN 14.61-8.7%Dec 26 9:30 AM EST

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To: rkrw who wrote (133)10/24/2006 9:00:54 PM
From: lastlegofcapitalism  Read Replies (1) of 142
 
RKRW....

At 200 million market cap, I don't think the market is paying much attention to PTN. If data is solid in males the stock will move up. Issues in my opinion

1) data will need to be strong for King to fund P3

2) side effects is probably a big wild card in the p2 data set, I think many think ptn's drug may work, but worried about side effects.

So we will see, I am holding into the results, I think we should see them by early december. Managements track record is not great in terms of meeting timelines. I was really expecting results last week.

Turtle
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