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Biomatrix recently reported great earnings of $.50/share last quarter as opposed to a loss in previous quarters. I heard great things about this company from a friend. Biomatrix makes many drugs including their biggest prospect called Synvisc. Synvisc is a drug that is used to treat arthritis. FDA approval is supposed to be coming real, real soon. The product I guess has done extremely well in Europe and Canada causing the great increase in income last quarter. I really feel the company has great potential. I have also heard from my friend that insiders own a great portion of the stock. Looking at the chart it looks like the time to get in is now. If anyone has been following this stock I would greatly appreciate your comments and feedback about the company. I would also appreciate it if anyone could confirm, or at least tell me how to find out about the insider holdings. Thanks in advance, Andy | ||||||||||||||
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