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Microcap & Penny Stocks : BIOPOOL(BIPL) -- Ignore unavailable to you. Want to Upgrade?


To: David Alan Cook who wrote (340)1/30/1998 12:53:00 PM
From: Robert G Allen  Read Replies (2) | Respond to of 507
 
My reasons for buying BIPL were the same as yours but after 1 yr and -36% and no vol at all for last 6 months one has to deem that for the forseeable future BIPL looks dead. Fundos great but it is a Biotech stock so only the mkt can determine real worth . Right now it's worth 2 1/4. This is not an investment it is a speculation. IBM ,MSFT,DELL etc.is an investment and not just because they have performed well but because people are interested in the companies and actually move the share price based on fundamentals. Don't suppose you made that $1 M holding any stock more than a year. Yes you could hold for 5 more years and be right on BIPL tho.