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Biotech / Medical : Cell Therapeutics (CTIC) -- Ignore unavailable to you. Want to Upgrade?


To: Extra Pale who wrote (600)3/14/2005 5:28:01 PM
From: tom pope  Respond to of 946
 
I haven't owned LGND for ages, and the price action is horrible, but it seems to me that the upside from a successful Targretin outcome outweighs the downside of a failure. I started building a position last week, at an average of around 8.85



To: Extra Pale who wrote (600)3/14/2005 5:30:11 PM
From: IRWIN JAMES FRANKEL  Read Replies (2) | Respond to of 946
 
>> Imagine what approval of Xyotax would have/will increase CTIC's market cap.

Let's imagine world peace too.*

Each seem equally fanciful at this point.

After a brief plateau (3 days at 5+) CTIC is daily setting lower lows and lower highs.

There may be a time to buy - but we are not there yet, for my money. Maybe at 2.

ij

* I don't mean to be harsh. But Bianco's rose colored glasses have pulled in lots of buyers who have been hurt. I am sorry for that. But imagining $10B market cap stocks and comparing DNA to CTIC is TOO much - IMHO.