vcr beware- remember the dotcoms Newbies beware!
This is a very risky stock with a huge market cap and no marketable product as yet. Any bad patient news will be catastrophic and any new trial will be relatively ho hum at this stage - not a good betting proposition. The investors were never in this stock, only speculators and they seem to be leaving. I have not invested in this stock and am not downramping. I think some of the biostocks are running like dotcoms used to - huge market caps and very little chance of making money - with everybody waiting for "announcements" to further inflate the value.It is one thing tohave a punt buy into a lowcap biostock but another thing altogether with a stock like this.The only thing that seems certain to me is that this stock will be a fraction of its current price in 12 months when they appeal to investors for more money.
Cheers
Cerberus
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vcr beware- remember the dotcoms Newbies beware!This is a very...
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