I contemplated buying a large chunk of CBIO today, but first I but down pros and cons. Pro Was a very exciting drug and close to market with big potential, also other drugs were still along way behind.
Cons, drug development and trialing stopped, no plan for future in place. Competing drugs now ahead on testing and trials (loss of market share). The new board just has not shown any road map so there is no new infomation to give support. I find it so sad as my neighbour was here today and she is in so much pain from athritus. I put in a lot of money for a long time, as I believed we had the "right" product.
I just wish this board would get off their butts and do something!
CBZ Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held
