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Biotech / Medical : IPIC -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (1073)2/28/1998 12:16:00 PM
From: KurtVedder  Read Replies (1) | Respond to of 1359
 
<<We would probably get to a price that is attractive enough to short this dog again>>

Wow! Pancho, I thought you were reasonable and logical. I guess you hate IPIC regardless of what occurs. Why would you short a drug company if their liability cloud dissipated and a potential billion dollar drug was approved?

Anyway, I have a feeling that everything is going to happen at once. First, positive Redux findings will be announced. I don't expect much of a price surge at that point because investors will still be hesitant to believe this. Then additional Harvard supervised studies will be announced as positive and you will see a price boost. Next, Bucindolol will show positive findings in the Phase III trial and the price will surge some more. The next day, there will be all kinds of negative interpretation of the Bucindolol results and the price will go down a little only to slowly rise again in anticipation of CerAxon. In June CerAxon will be approved or a Advisory Panel meeting will be announced. CerAxon will finally be approved by summer and IPIC will rise to around 25-30. IPIC will announce that they are settling the Redux claims for a nominal amount to cover the echocardiograms for all Redux users which will be paid by their insurance and AHP and IPIC will rise to 40 a share and continue a meteoric rise over the years. IMHO.

Incidentally, my cardiologist brother-in-law at Tulane has advised me that thus far, after 3 months, there are no alarms being set off yet by Redux or Phen/fen echocardiograms. In addition, my neighbor who is a cardiologist had done over 40 echo's on Redux and Phen/fen patients. He advised me that he just purchased 5000 shares of IPIC at 8 1/4. No kidding! Believe me, I am trying to find any negative news out there regarding Redux but I can't.

Pancho, don't always believe the hype. Sure you can make money shorting on "hype" but you can make a lot more going long and holding. You mention AOL as a short. Be careful. I own quite a bit. It is the McDonald's of the Internet. You may make money in the short term but over the years it is a ten-bagger. I made enough to pay off my mortgage with AOL and I will continue to do so over the years.
(Sorry to discuss AOL on the IPIC thread. It won't happen again).