Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: pokerden One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 31  
Subject: Re: When will this run-up end? Date: 5/4/2007 10:23 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1

RJ's large buy has been the most recent factor driving the stock period.

Is now a good time to buy? I think so if you can stand a 10-20% swing down that may or may not come. As a long term play this stock has a lot of potential, especially if they can start getting roche milestone payments toward the end of the year.

The large cash position right now will allow them to carry out Chemophase trials without a partner and further develop the other enzymes they have in the pipeline.

I view this stock as a PDLI but with better management. Also it doesn't hurt that RJ has a good amount of confidence in this stock.

So yes I would get into this stock right now...but only with say 1/2 or 1/3 of what you are planning to invest...Through the summer this stock may drift down and you can pick up more...or it may spike up on news...either way hold off some powder to see what might develop.

-pokerden

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

IBM: Is Buffett Wrong, or Brilliant?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement