Ann: Letter to Shareholders, page-235

Ahhhhhh..... I just wasted 20 minutes of my life reading the 4 pages of this thread.

Reminds me why I don’t post on HC as much as I used to. Do yourself a favour, and do an advanced search, and select Davisite as the poster. He has an amazing ability to go long on the crappiest stocks, which either fail miserably, or end up in administration. He is an amazingly poor listener, even when smacked in the face with facts. So don’t bother, I don’t anymore.

Investing in Biotechs is all about timing. The road is long and slow. They run on great news and slow fall back down when the news flow slows.

I have followed BIT for over 10 years, but only invest when the cycle is right.

Anyway, bought back in at average of 7c. More upside than downside at the moment, and the news cycle might just be turning. Wait and see.