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Microcap & Penny Stocks : CELSION CORP. (CLN was CELN) UP $.33 TO $.59 ON HUGE NEWS -- Ignore unavailable to you. Want to Upgrade?


To: sun who wrote (216)1/31/1999 12:53:00 AM
From: Dave Gore  Read Replies (3) | Respond to of 518
 
**** So 22 mil shares in the float and at least 2-3 years before approval

Folks be careful.... this has very wonderful potential and is a very emotional topic, but you all understand that the news only gave them approval to begin Phase 1 testing. Phase 2 is at least 6 -9 months off and Phase 3 is several more months or years off. Then final approval by the FDA is years down the road, if it comes at all. I am very familiar with biotech stocks and they take incredible patience and usually require a major funding partner at some point. It took investor's in Immunex several years before approval of Embrol and the subsequent stock run up.

This will probably go up anyway....but just be smart.... these MM's are VERY VERY tricky on this stock. I watched it all Friday.

If you get in, get in quick and out quick...don't chase this and don;t get greedy. Watch those Market orders...the MM's will screw you big.