re: the reason why vcr wont break its 52 week high Hmm... I'll have to hold you to that.
Why exactly is VCR going to make record highs as people keep saying?? The story is out, everyone who wants in are in already. Now come the months and months of clinical trials. We have already seen that the market has lost interest in VCR's patient by patient updates.
Traders are holding on to get the "cheap" shares at $2.25 or whatever the issue price is. One thing I know about biotechs is that boredom means a falling price. What breakthrough announcement is going to make VCR go back over $3 besides a takeover?
I think it will be good buying around $1.80... it could happen this week... remember selling sparks selling.
Novogen on the other hand has made the biggest breakthrough in cancer research for the last 10 years!! A common link to ALL cancer and their drug knocks out that target!! Now thats something exciting.
Cheers,
Munch
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