cotton wool or stainless steel friday, page-105

I'll give theendgame that piece, really it can't be said any better people tend to forget about this when trying to value stocks on un-realised potential but are happy to shout a value of what they "want" to see. Much like those posters calling $100M mc at the start of the week which was always well & truly out of the ball park on succesful PhaseI trials unless of course "someone was prepared to pay it" which is highly unlikely without additional progress.

"It's a spec stock with no production, and no income, so no I can't place a value on it as it doesn't have one beyond what this weeks gamblers want to pay for it in my opinion."


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