- I was reading over the Bioshares report and I had mixed...

- I was reading over the Bioshares report and I had mixed feelings. There were encouraging signs......SP undervalued, high no. of implants projected, over 20mil in revenue for 08 FY, rapid global expansion of the business, upcoming events which will have a positive effect on the market and positive announc expected in the near future to act as catalyst (noteably unconditional approv)......all of which we are aware of.

- However, it's still the cash burn which is my concern.....and even after the +20mil in revenue, they are expecting a net loss of around 20mil.....not encouraging at all........BUT it's not me and you that matters when it comes to driving VCR's sp north......it's the FUNDS!!! and they see things differently to us, ie. they see the BIGGER PICTURE (there are Health Care stocks that make no money, yet have a healthy SP).

- Yeah they might be a couple of years away from FDA approv and they will have another FY loss, so we might think it's OK to come back to it later and still find the SP unchanged...........NO, because the FUNDS will get in cheap, set themselves for the long run......this will happen sooner than we think (when you least expect it).

- My tip: HOLD or Start accumulating at these prices!