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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (1195)12/4/2006 11:20:40 AM
From: Mike McFarlandRead Replies (2) | Respond to of 1336
 
Maybe so. There were a handful of companies
mentioned on a bioworld article awhile back.
GLGC was conspiciously absent though--Combinatorx
comes to mind as a variation on the theme and
I think it was mentioned.

It'll be interesting to see if they run glgc
right into the ground and burn every last cent--
or if they have the will to do something more
clever than that. Seems like it is easy pickens
for all that private equity sloshing around.

Well, you know what they say--a chip and a
chair. Clearly the symbol is up for grabs.
Whether I make any money off of glgc remains
to be seen. The hit and run sort of trade
seems like a better bet.

If I'd been paying attention, I might have made
a very nice trade in Arqule these past couple
months. That would have been smarter than buying
into something that seems to be in the process of
being held down (and held down below the water
line, ha!)