Fred:
You have certainly been unanswered on this thread for a while. Thanks for keeping it up. I only recently became aware of this stock after it was a Hot Stock a couple of weeks ago in the Financial Post. Then, last weekend I read about their deal with the Japanese pharmaceutical company. I was enthused emough to buy it last Monday at 11.10. So, I hope it doesn't go down to 5.00, do you think it will slide a bit? It may also get caught up in a general market correction, so I will keep a close eye on it. Like you I think the stock has excellent potential. The potential revenues, according to FP are huge. My only expertise is confined to some hearsay that the product is effective in the stage 3 trials. Barring some unforeseen catastrophe, the company should be in good shape, particularly, since the Japanese Co is picking up the costs for the trials. Anyway, just wanted to let you know that you are no longer alone on this thread. Based on your opinion that it may slide, a play might be to sell it if it goes up a bit, in anticipation that one can gain more shares if it goes down. Risky, if it doesn't go down. According to the press, the company anticipates new distribution deals in the second half of '97. |
