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


To: DewDiligence_on_SI who wrote (16934)5/25/2005 5:07:53 PM
From: tuck  Read Replies (1) | Respond to of 52153
 
The error is that Genomic Solutions went public five years ago, fizzed out in a couple of years, and was bought for peanuts by Harvard Biosciences, which has announced no plans for trying to spin it back out, and certainly not for $100 million. Everybody saw the error immediately, as HBIO never budged after this "announcement."

Maybe some companies with tickers similar to GNSL got a brief bounce, I never looked. Sometimes that sort of thing pays off. Rick played Millenium's munch of Corr Therapeutics (CORR) by daytrading Cortex (COR) for a few minutes, and apparently making some rent money off the trade. Most of us are jealous about that.

Cheers, Tuck