IPIC Message Board - Msg: 3426436

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : IPIC

IPIC 0.0001000

0.0%

Aug 15 3:35 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pancho Villa who wrote (1035)	2/13/1998 1:47:00 PM
From: mattie	Read Replies (1) of 1359

Pancho, Just shorted this stock today at 9 3/8. There is a ton of liability for the company due to Redux (6 million prescriptions written and as many as 2 million lawsuits possible). Plus, the company has virtually NO revenue and will not unless their stroke drug gets approved (but that will not be until next winter at the earliest and only a 50-50 chance they will get approved). Until then, the company has a 400 mill market cap, no revenues, lots of liability and lots of bad press for the next 6-9 months. This stock has nowhere to go but lower.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next