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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sergio H who wrote (26)1/19/1998 4:48:00 PM
From: Amigo Mike  Read Replies (2) of 29382
 
Hi Amigos,

Been looking close at DSCO. It appears to be very intriguing indeed.

Discovery Laboratories, Inc. is a New York City based development stage pharmaceutical company that is clinically developing proprietary pharmaceuticals to treat post-menopausal osteoporosis, adult respiratory distress syndrome (ARDS), meconium aspiration syndrome (MAS) and cystic fibrosis (CF). Discovery's strategy is to accelerate and lower the risk of drug development by acquiring and developing proprietary pharmaceuticals for which significant animal or human testing has already been completed. In addition, Discovery seeks to minimize the cost of drug development by outsourcing preclinical development and manufacturing. Hospital based pharmaceuticals are developed at Discovery's majority-owned privately held subsidiary, Acute Therapeutics, Inc., located in Doylestown, Penn. More information about Discovery is available on the company's web site at: discoverylabs.com

This company has a very small float yet the trading activity during the last week+ has been relatively high based on previous activity. Hmmmmmm ..... my GUT tells me something is happening here .... may have fly by the seat of my pants Tuesday morning on this one. Hmmm ... maybe a week or two trade on this one. I think there are some insider purchases recently also.

Mike
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