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Biotech / Medical : Biotech vs. Shorts -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (314)1/14/2000 5:34:00 AM
From: KewlHand  Read Replies (1) | Respond to of 427
 
CLPA Short squeeze

People could I refer you to these posts for background:

techstocks.com
ragingbull.com

The first of the news items broke last monday, more news of major
joint testing deals with big pharma's is anticipated within days.
The shorts are starting to hurt big time, we ran up from 9 to 18 then
pulled back, now at $15 and have levelled off VERY quick, looking for
resumed upwards pressure today. From the trading that has occurred over the last few days we believe the short position may actually have
increased further!!!!

IMHO The next news release will break this short position completely
and when it does we are looking at a $30+ position easily. From THAT
position the FDA approval is expected late january early february,
and when THAT comes the sky is the limit. There is a VERY knowledgable thread on RagingBull of top level scientists, some involved with the FDA, they are ALL convinced this drug works and will
be passed by the FDA and that once passed will be used massivly off
label. People are starting to call this a $1000 stock with good reason, their compounds have been proven to induce programmed cell death in every type of cancer tested so far in vitro (and they have tested many) has very low toxicity and leaves healthy cells alone.

Their next generation of these compounds (going through phase 2b planning/testing now) are even more refined and powerfull, if they
perform as expected, the big 'C' is going to become a little 'c' in
our childrens vocabulary.

I know I started this post pointing out a short squeeze, but IMHO
I have NEVER seen a stock so worthwhile an investment, combined with
the short squeeze it's a wet dream come true, and I will state publicly now I have ALL my investment portfolio in the company,
I believe in it THAT much.

regards

kh