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Strategies & Market Trends : January Effect 2007
IWM 247.30+0.9%Nov 26 4:00 PM EST

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To: Q. who wrote (15)12/19/2006 9:59:14 AM
From: RockyBalboa   of 94
 
Ok. Agreed. I think I will stick to cash-rich biotech bombs. Those are essentially free options on hype, hope and development with an expiration date way out in the future. Stocks like INHX or RNVS will have 8 or more quarters to boot before they run out of cash. INHX has 64M in cash and burned 30MM in 12 months with cost savings kicking in now.
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