prana position now looks stronger, page-5

skint

no-one of this thread comes close to your knowledge of and around these trials and the competition for these drugs

however, some people on these threads have been around and in the sharemarket for a lot of years and some have great knowledge of the market

I have a bit - I have observed that many times that people who make good money on shares are not always the ones with the greatest technical knowledge -here we are talking amongst miners, oil explorers, computer or internet stocks,tech device stocks or even biotechs

the best money( except by those who ride one spectacularly successful stock- which hopefully will be you and pbt) seems to be made by those who ride the investment fads up (but are not late coming to them), but buy stocks when they start to get in fashion, but then are guided by the market to some extent when (and if) to get out!bitechs are certainly in fashion but they were very beaten up also and it is an area oz is world competetive in.

some on these threads have quoted some shooting stars of the past - i know that some of them had very clever people who believed in them - there are many disappointments!

we all do need to be guided by the market and the signals given off by how management behave - with respect to the latter, management have just had a couple of question marks - there better not be more! the market is a bit like an elephant in that it never forgets - those that took up shares at 53c odd lately when all this was going on in the background would be very wary -sure we could say management did the right thing by prana, but they also have to be honorable and reputable - it could be some of it came to light very late in the piece, but then again..?