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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine
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To: Wally who wrote (2842)1/22/1998 1:47:00 AM
From: Timothy Grimes  Read Replies (2) of 3906
 
I really feel bad for you folks who are buying into this HVSF bullshit. I lost a bundle on a scam that mirrors this one almost perfectly in 1997, all the way down to the cutsy names of the people involved and the so called evil shorters controlling the upside potential. I don't want a flame war 'cause I really feel bad for all of you honest folks getting sucked into this pipe dream. Just ask yourself a couple of obvious things:

1. If this product is so great and has so much potential, why is the stock selling for $.50 or so. While valuations do occur, effecient market theory is real and corrections happen almost immediately, based on public information. Are you really smarter than the market?

2. What is up with this dramatic drop in the last few days --ON NO NEWS?

3. Do you really believe "management" infused $10 Million into it? Or doesn't it look like a great headline instead? Why management? Surely there are plenty of venture capitalists available to support the efforts of a legit product...I know, I work for a company that has been getting money for years of support from a multi-billionaire.

4. When the NASDAQ stiffens up the rules for BB stocks what will happen to this one?

5. Clinical trials take years and a ton of money and people. Does this company have an adequate staff and funds to accomplish this?

Just some thoughts, please no flames.

Tim
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