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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Dauntless who wrote (3288)4/2/1998 6:10:00 PM
From: Hank  Read Replies (2) | Respond to of 7041
 
Dauntless,

I wish you luck. At least you haven't been as willing to label me the "enemy" as others have. I did not come here to make enemies or attack ZONA management. I only came to tell what I truly believe is the archilles heal in the Vasomax story. It is unfortunate that this action precipitated attacks on me both publicly and through private messages. There seems to be an assumption on SI threads that shorts don't belong unless the topic of the thread is shorting. I disagree. Hearing both sides of the story is always beneficial to everyone, short or long. To make matters worse, many people have been sued over what they've said on SI. Some deservedly. Some not. It has made shorts even more wary of posting their thoughts.

ZONA still has SGP support and that is good. Having SGP on their side will carry some weight when it comes to convincing the FDA to rule in favor of Vasomax. For your sake, I hope SGP continues their support. If Vasomax should get rejected initially, it is very possible that SGP could decide the battle isn't worth it, pull out of their agreement, and move on to bigger fish. It happens. That's why I said the safe way to bet on Vasomax is to invest in SGP not ZONA. Small biotech's like ZONA are a dime a dozen these days and within 5-10 years you are going to start seeing them disappear more and more. It's a high risk business and many are bound to fail.

Hank