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Biotech / Medical : Senetek (SNTK)

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To: jh2006 who wrote (63)4/3/2007 12:44:38 PM
From: inchingup   of 101
 
"Senetek is an absolute bargain at these prices. It's selling below cash value and the pipeline of products is large. They earned .03 in 2006."

Yep. Picked some up yesterday based on PR. Company has about $.35+ cash per share based on input of $21MM cash and dispersal of $6MM in debt.

OT: Check out ETLT which has even more cash per share and better earnings. Same deal.

...and idiots are still buying NEWC even though it looks like in BK investors will be wiped out. Go figure.

Well, I'm patient.
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