SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : GLGC Gene Logic -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (332)8/17/2007 10:30:00 AM
From: Mike McFarland  Read Replies (1) | Respond to of 360
 
Past four quarters Net Tangible Assets

$77,738
$58,353
$49,583
$43,008

Five year chart shows it down 85%, looks like
it is down 99% from the 2000 high.

Probably did an all time low yesterday of $1.20.

If I adjust my cost for a spring profit, less big July
losses, I get my cost as being 85 cents. If I adjusted
for my 1999-00 profits I can console myself that my
GLGC shares are free. But that doesn't mean I would
happily tolerate this stock going to zero. I've been
lucky to dance in and out and avoid the long term
trend into oblivion. Other glgc holders are probably
not where I am. So I say to you, Charles L. Dimmler III:
Unless profit is expected in the next quarter it is now
time to give the keys to a new startup. Do it now.