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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Proud Deplorable who wrote (161658)	5/30/2009 8:00:36 PM
From: pocotrader	Read Replies (2) \| Respond to of 313337

I've got a pretty good handle on juniors Bio-techs from fooling around with Lorus for so long,they are strictly trading stocks until they get to the end of the third phase and have had positive results. I would not hold any junior biotech for too long, they get pops on good results and will usually lose steam until the next positive NR, if there is one, I remember a group of investors On SH who were long on Lorus, one was a fellow called Lorio, a French Canadian soldier, a lot of them bet the farm on Lorus and they lost their shirts, Lorus had a great story too, good pipeline of drugs, one drug had orphan status and the the NCI was testing a couple of their other drugs, its a tough business to succeed in, takes many years for testing to approval, costs many millions to keep going and even if they get approved a better drug could come along and they'd be dead meat. Gap could be the one that ends up being a kaboom, you never know, but it best to play junior bio techs with your eyes wide open.