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Mar 22, 2005
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Awaiting FDA approval on a drug that has been turned down twice in the past. Third time a charm? Currently trading at $2.70 with a decision in a day or two. Many feel that IF approved should see a bounce to $4.00-$5.00. Do your own DD on this.
 

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Mar 22, 2005
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Company received yet another APPROVABLE letter! Not sure as to why but should know more next week. I believe this stock will tank today and I will be looking to buy in at the $1.70 level if it gets there. The drug works and its now a matter of the Company getting its sh*t together to iron out the labeling and manufacturing issues. Perhaps, we will see a little bounce next week when the Company issues a statement. Maybe back to the mid two's?? This in MHO might be a worthwhile gamble but I'm more wrong than right in these high risk bio stocks! :)
 

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Mar 22, 2005
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Picked up some shares this morning at $1.45...so I guess we will see if I made a good decision or not!
 

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I picked up a few bucks buying this on Friday and selling yesterday. I had a feeling that the approvable letter wasn't as big of a deal as the 50% drop indicated. If you continue to hold, good luck. I think it will be dead money for a couple of months but if they get into gear as quickly as they anticipate it may end up working out very nicely for you, a little too uncertain for my liking though.
 

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Mar 22, 2005
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I'm going to stay for a while longer...might even add on a dip. I believe we will see $2.50 in the next few weeks. If approved, this could trade at $5.00 rather quickly. Glad you were able to cash out with a profit.
 

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Mar 22, 2005
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Moving up and down the past couple of days currently trading at $2.10. Phone call scheduled with FDA I believe June 18th. This drug should be approved in the next couple of months if not the next few days. In any event, I believe more upside potential then downside in the short term. Only my opinion so do your own dd on this one.
 

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Mar 22, 2005
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Stock beaten down yesterday after conference call with the FDA. I still like the science and will hold until next FDA session sometime in the fall. If the stock should slide below $1.60 I will probably add as I still believe the upside potential is greater than the downside. I don't own a ton of shares so this gamble is purely speculative. Good luck with your investments and beware of the FDA. :)
 

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