Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Red Dragon who wrote (755)	12/31/1997 6:34:00 PM
From: Dan Shubin	Read Replies (2) of 1115

What source did this 1 1/2 figure originate from? (this is not advice but rather the history of Lidak's first dark day--the day before the botched Phase III results came out the stock closed at 3 3/8. It opened on the news the next day at 2 3/8. My broker suggested a full selloff and I took his advice. I watched it vacillate the whole day but did nothing. The stock closed that day back up at 3 3/8! Needless to say I lost thousands of $ by jumping at the bad news--had I waited till the close, I would have been back in the black, sold off and bought back at below 2 several months later) This is the second time this stock screwed me and I don't know what to think. dna

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