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Biotech / Medical : Lidak Pharm. [LDAKA] -- Ignore unavailable to you. Want to Upgrade?


To: Red Dragon who wrote (755)12/31/1997 6:24:00 PM
From: Charles Holewinski  Respond to of 1115
 
As some one once said "Tommorrow is another day".

Lets all say good bye to Lidak and hello to better companies in 1998.



To: Red Dragon who wrote (755)12/31/1997 6:34:00 PM
From: Dan Shubin  Read Replies (2) | Respond to of 1115
 
What source did this 1 1/2 figure originate from?

(this is not advice but rather the history of Lidak's first dark day--the day before the botched Phase III results came out the stock closed at 3 3/8. It opened on the news the next day at 2 3/8. My broker suggested a full selloff and I took his advice. I watched it vacillate the whole day but did nothing. The stock closed that day back up at 3 3/8! Needless to say I lost thousands of $ by jumping at the bad news--had I waited till the close, I would have been back in the black, sold off and bought back at below 2 several months later)
This is the second time this stock screwed me and I don't know what to think.
dna