la jolla, page-21

Personally I saw this coming, just like the much bigger P&D several months back. Both announcements were not breakthrough value announcements, scientific breakthroughs perhaps, but not value.

The problem with this stock is really does have potential, and is undervalued well below's it peers, imo. I know it's contradictory to state undervalued yet not ramp yesterday's announcement. A fast rise in price needs a real value announcement to hold it up - even though I think CDY is undervalued we need something strong like a licensing deal on the midkine test.

It's a shame because, imo, the company is well undervalued. Good buying yes, but getting to the 10c or so I think this needs to be slow and steady, or on a truly solid ann. Given the number of burnt buyers this thing now will have sell pressure until that big breakthrough ann... sigh.

Will keep accumulating.