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Biotech / Medical : AHTC Corp (AHTC)-formerly Advanced Health (ADVH)
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To: Tom D who wrote (85)3/28/1998 1:03:00 AM
From: Bob Barels  Read Replies (1) of 371
 
Thanks for your post at the DEPO site. It looks like I am not the only one complaining. However, I might be the only one who followed you in both ABTI and DEPO. To be honest I bought ABTI because I had direct information (apparently false; read my ABTI posts the last few days )but your analysis back in July made me feel a sure winner. After the failure of Betafectin, I followed you (you suggested everyone) in the DEPO site. Another sure winner but at the end it was a disaster. So you tell me what am I supposed to think? Incidentally, DEPO is presenting next week in The Netherlands (Controlled Release Society) results from their failure. I am going to have a word with them, since I am also presenting in that conference. The conference program was out before their FDA results. I any case, I was wiped out mainly from ABTI but I learned a lesson. It looks like that 9 out of 10 biotech stocks do not get approval (CTIC is the latest example) thus, we have better chances shorting all those who are expecting FDA results (visit the ALLP thread). My only hopes are on ETHCY (controlled release is my field; visit their thread if you want).
By the way I don't intend to short ADVH. I prefer to short companies that do not make money and their stock price is based on potential FDA approval.
No hard feelings for ABTI and DEPO. My ABTI post was written before this one.
regards
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