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Biotech / Medical : Biotech for less than a buck. -- Ignore unavailable to you. Want to Upgrade?


To: RWReeves who wrote (265)12/20/1999 8:23:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 743
 
Those critters just seem like a fun gamble,
with the extension, I think it is best now
not to sell mine, you have seen what some of
the hyped up internet stocks have done, Ariad
has the means to take their stock as high as
they want this next year...and yes, as I
just commented over on Yahoo, new money has
to go into the stock instead of the warrants,
but I would not trade the warrants away now
if I've had them this long.

3/32nds eh, not bad...oh, I might have got a few
more in the fall for 5/64ths--but that was silliness
to do that ahead of the extension announcement.
I'll give up mine when Ariads a five dollar stock
and the warrants spike up toward a buck, it is
not worth the commission to dump mine on the market
at this time...and imagine what 10000 of those costing
a mere $2500 would do to BFLTAB if Ariad can regulate
insulin in primates--and the Linux Internut madness
moved over to microcap biotech. I just have to play
that pony.

Of course today I was buying a little more Sage and
thyme, for cooking up the Christmas Turkey. I was
not spending my hard fought two bits for warrants,
so maybe I will withdraw my suggestion that bflatb
buy them here. You are probably right, 1/4 may be a
little too expensive for this call, being so far out
of the money.