To: Mike McFarland who wrote (1104 ) 8/29/2006 12:29:06 AM From: Mike McFarland Read Replies (1) | Respond to of 1336 Re: Didn't anyone like the news??? 28-Aug-06 10:10 pm (My second post on the Infinity Yahoo thread, fwiw) Doesn't matter how I spin it, anybody can spin it the other way. Bullwink7 said "The decision is this.. Here is biotech company with 343 million market cap, with appx 150 million cash and Phase I cancer drug in partnership with MEDI" Well, when you put it that way, it doesn't sound so exciting. Truth be told, the best play today was sell around the opening, and buy back around the close. I could have extracted a half point on my shares and got back in easily enough. So, sour grapes. 300M it is, which is fair. I am glad they've partnered up before going into phase II--no complaints! Yeah, I missed a trade, but I am a terrible trader so I don't do it anymore. I leave that to others, perhaps Bullwinkle is one of those, fair enough. Still, with dpii at $3.5, or $93M marketcap and representing 31% of the company, INFI is really 300M. It isn't an expensive stock by any means. Of course it is speculative. Daytraders buying today will give up their shares--as the last one bails, the smart money will come along and scoop up the shares, and wait for the next PR. Then gap up and repeat. It is enough to make you seasick, but that is the game I guess. ........................... Maybe if I had seen the news at 7am rather than 9am, had a chance to process it--who knows, maybe I could have snagged a nice trade. I wonder why I do this, maybe I ought to have a buzzer in my pocket, It would have gone off when dpii hit $4, I'd have bought Kosan at $3 today, and switch back and forth a few times. Ha! Who am I kidding, I don't ever trade, it'll all backfire if I try. Goodnight all, I will leave this last scrap here for somebody to findIn the case of marine natural products that arise through the polyketide pathway, like the bryostatins and others, this ambitious goal may perhaps be realised within the next couple of years reefcheck.org Well, that was written in 2002.