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Oscient Pharmaceuticals C (OSCI) Message Board

  • dogtrainer_99 dogtrainer_99 Aug 19, 2002 8:30 AM Flag

    U Longs Still Happy??

    mite yall b worried dat GENE gone resume down trend? Costs of trials und drug dvlpmt gone eat up dat cash und lead 2 yer dilution.

    BARK!!

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    • Doggie: Skilune is definitely unhappy about the continued downward slide of share price. I think other longs would agree that they would rather see the share price go UP.

      Anyway, I don't think the fundmentals of the company, combined with the discovery prospects justify $1.72. But, I said before, I thinks $1.52 was the low point, at least until next signficant news release on Ramo. If that's good, price should go up. If its bad news, price will decline, or flatten at these ridiculous levels, UNLESS there's good news on other candidates.

      BOTTOM LINE: Still worth risking a small amount of playmoney on the GENE. JMO.

 

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