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Biotech / Medical : IPIC
IPIC 0.00010000.0%Aug 15 3:35 PM EST

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To: KurtVedder who wrote (1004)1/31/1998 3:32:00 PM
From: Pancho Villa  Read Replies (3) of 1359
 
>>The problem here was due to the fact that AHP really did not want to give up ANYTHING that they wouldn't have given up had there no been legal liability issue. <<

I agree. This is in line with the interpretation in a WSJ piece that appeared after I posted my question.

>>I, like most of us, have concerns over the legal liability but not enough to sell. As a matter of fact my hunch told me to buy 2000 more shares yesterday.<<

Good. I hope you are aware of the risks involved. If the amount you are investing is not a significant portion of your portfolio you should be OK. Large risks result in either big rewards or big losses.

>>Thanks Neuroinv for the reassuring and informative input. To all who don't receive the Neuroinvestment Newsletter and yet invest in this segment of the market, you are depriving yourself of a wealth of knowledge that is critical to proper investing<<

With all due respect for Neuro, be aware of the fact that the track record of most newsletters isn't that great and that there is more at stake here than just knowing or seemingly knowing the technical side. As far as IPIC is concerned, Neuro followers are still loosing on this one.

I am still short the stock but I am considering covering [once the earnings announcement comes out. It ain't gonna be a pretty picture.] as I have short opportunities with greater downside potential in sight. IMO we may see lower prices than those at which you jumped in last Friday [an opportunity to average down if you still have room for the stock]; but then again unlike other people I don't claim to have a crystal ball.

Good luck with your investments,

Pancho
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