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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (10303)6/19/1998 1:52:00 PM
From: Bill Wexler  Read Replies (1) of 18691
 
The people who run ZONA are liars and will go to any lengths to prop up the stock price. They have already been caught red-handed commiting patent fraud (with Immumax)...they have basically presented data that Vasomax is not much better than placebo at the last AUA conference, and yet the stock is still flying. Don't underestimate the ability of these boobs to continue pulling this scam for quite some time.

I have a feeling that is exactly why they are delaying the NDA. They know damn well once it is rejected by the FDA the stock will collpase to the single digits in a matter of minutes. As long as they keep delaying the NDA, I couldn't even begin to guess when this fraud will finally take a beating. All i know is that long-term its destiny is clear as Zitel's.
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