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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Marconi who wrote (11583)7/16/1998 12:33:00 PM
From: Hank  Read Replies (2) of 18691
 
Marconi,

ZONA is a manipulated stock. There fore, if you short it, you should prepared to either trade it aggressively or stay short for the long haul. I don't think it will tank totally until a rejection for Vasoscam is handed down. I think the chances of Vasoscam getting FDA approval are slim to none. The efficacy of a drug in practice is often lower than what is initially seen in clinical trials and the FDA is aware of this. Vasoscam only shows a 12% efficacy above and beyond placebo and the validity of those numbers are very questionable. This is a very line upon which to base an FDA approval. In the long rung, being short is the way to go with this one.

Hank
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