SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Allen Furlan who wrote (3917)4/25/1998 4:26:00 PM
From: Bruce Cullen  Respond to of 78843
 
<- Previous
Next ->
Message 705 of 707
Reply

who was buying
hitman_knows
Apr 25 1998
3:29PM EDT

Well, I certainly could see why all of the weak longs sold their positions yesterday, but for you guys that have some balls these
are the facts.

1) 555,000 shares were bought buy mutual funds and 1 bank.

that is fact.

2) Org has a meeting planned in an undisclosed location to announce the marketing of their product.

It is believed to be around 500-700 rooms at a 5 diamond resort.

My guess is that doctors, novartis people, and org people will be their to get their product off the ground.

3) The 20 million dollar private placement was to give org their independance and show the public that we are not going to run
out of cash with or without Novartis.

4) If you put up 20 million in cash you sure as hell are going to want your shares registed for sale, regardless if that is the plan.

5) I listened to the whole meeting on the phone for panel review and although the vote came in 5-4 it was basically a 9-0 vote.

6) FDA has to act in 120 or less so final approval is in less than one month.

7) 4 News Releases have been prepared by Novartis and Org to Couple the FDA announcement.

8) My guess is a World Wide Launch, New Facilities, and more Cash from Novartis to Org along with a bonus annoucement.

9) In all the B.S. I read on this thread there is little mention of the most important fact in the past 6 months.

LEHMAN WAS HIRED FOR INVESTMENT BANKING.

Did they have anything to do with the 20 million - NO

They are hired for a Merger with Novatis PLAIN AND SIMPLE.

I do not want to toot my own horn, but if you look at each and everyone of my posts the have been 100% correct.

So if you want to make money buy the stock. It is that simple.

Don't try to pick a top based on fundamentals or charts because they do not apply to this stock.

Wait until we get Novartis shares and sell those.

This is all I can do for you guys out there so either listen and make money or be a sorry ass and do what Sturza does Lose
Money.

Hitman
ÿ

ORG:ÿ Quote ÿ
___________________________
Comments everyone?
buylow@usa.net
I agree with this!



To: Allen Furlan who wrote (3917)4/25/1998 5:04:00 PM
From: SBerglowe  Respond to of 78843
 
That's really interesting. I don't know how to evaluate the lack of option exercising. I've always had my in the money covered call exercised. Probably you're being told that no one cares about Namtai. What is NTAIF's downside? Obviously, if they were to lose any of their major manufacturing relationships, there could be some cause for concern. I've always made money in Namtai, and I will hold it here.