It would be helpful to know if Lichtnefeld is legitimate or a scammer. I listened to the audio and I have to say it sounds more like a slick infomercial to get someone to shell out some money than a legitimate thoughtful financial consultant. While I am a longtime holder I think is is a huge stretch to imply that CGEn will somehow control 10% of the drug market in royalties. It was also unprofessional to suggest that he had dinner with management and learned such information that he would bet the ranch on the stock. Sounds like someone who wants to pump up the share price to them short the stock. DOn't get me wrong i love this stock but there was something too slick about the presentation. lets just make some money by seeing what management has promised in their public disclosure!
Ken, the old phrase of "Would you buy a used car from this guy?" comes to mind BUT he is a professional analyst and a skilled salesman albeit a little too glib for some of us. BUT those of us who have been with cgen for many years have recognised the talented and professional nature of this company and the enormous strides they have made over the recent past. Progress both scientifically and financially has been stunning and we don't need Marc Lichtenfield to tell us so.Having gone somewhat viral we will no doubt attract the short term investor/gambler and the inevitable fluctuation in share price BUT if they deliver on their objectives this year the current price will look outstanding value.
Check out stockgumshoe to read reviews of him and this report. I also agree with gilli and have been and investor since 3/08 and know science/med so feel confident in my own analysis. Its almost like when a talking head on CNBC begins to jump on my bandwagon - I ignore and do what I do regardless of their horn sound.