Forbes-Meditech, FMI,V Message Board

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Biotech / Medical : Forbes-Meditech, FMI,V

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From: Pied Piper	11/16/2007 10:23:53 AM
	of 430

Sold my last few shares of Forbes this morning. I have been in this stock for nine (count 'em) years! Made a killing prior to the first phase trial but it has been dismal since then. My feeling is that this stock is dead, possibly forever, but certainly for the next few years. Their Phase II trials were a disaster. Reducol sells well in Europe but the profit margin is low and it does not seem it will ever catch on in North America. The new line of drugs may, or may not, have promise. In any case they are in such an early stage of the research that interest will not start for a couple of years, IMO. I wish everybody still in the best of luck. I have been wrong so many times in the market, that my credibility sucks. If anyone wishes to take over as mod on the board, feel free. I'm done. Piper

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