Sheesh, I hope you realize how many graves you
set to spinning with that idea. :-)
apologize if I was one of those who ripped into you way
back when. I follow too many boards to remember which
posters I've rubbed the wrong way or which I've
befriended. stock_it_to_me_2000 may hold a grudge but I'll
likely forget about this set to by the time I wake up
There's a fellow on LIFC who apparently
shorted it several times, but he just said he was out
when it recently started moving up again. That's what
keeps me from trying my hand at it... the fear that the
stock so close to announcing profitability (or a j/v or
FDA approval) wouldn't come back down.
to a profitable week.
i'm amazed at those who take shots at you ... at
least you post value added information ... and bozos
like stock_it_to_me_2000 seem to have a chip on their
shoulder or have a real "nned" to talk in a condescending
manner ... of course i recall when a few people ripped
into me when i thought BTGC was a good short way back
when ... and even though i was long i will on occasion
play the short side (short term) ... but man, do
people have a need to rant and rave when someone doesn't
see things as they do ...
Stock, there's at least one like you on every
board, frustrated little fellows with nothing to do but
piss and moan. I have an extremely thick skin, you
can't fluster me, and I don't waste my time dueling
with unarmed opponents.
Before you insert your
other foot, research the message boards for each of the
companies I listed and you'll find my alias dating back to
before they turned around. I'd close with a "nya nya",
but I grew up a long time ago.
BTW- this is my
last post to you, so have a field day talking to
You're easy to get upset and I wasn't trying. You
might think you have bragging rights with .26/share.
Pat yourself on the back Mr. Long Term. Look at the
charts and now go ahead and tell everyone about all the
$$$ you've made "hype man". By the way, I love your
examples of companies that have come to fruition. You
failed to mention a few of the hundreds of companies
that haven't, now go take on the day.
It takes a lot more than semantic disagreements
(young company) to get me upset, guys. I've been in the
market for about 20 years.
FWIW, here's my bit
of insight - I'm seeing a connection between
increasing trash talk and companies turning corners. It's
quite similar to the point of capitulation in any
market crash where all the weak hands suddenly dump and
THEN the market turns around.
I hold large
positions in several stocks where message boards have been
littered with demands for "new blood", bellyaching about
how management's comments haven't come to fruition
(i.e., potential J/V's, etc.). All of these companies
have spent years building foundations for success,
they've all suffered sell-offs and roller coasters. Now,
they're all suddenly turning around. I point not just to
BTGC, but ATIS, AXNT, IDX, BINC and LGND. (not
spamming, these have already done it... now I'm looking for
new turn arounds)
So stock_it_to_me_2000, your
condescending comment that "we have to put up with his posts
(opinions) as well" was quite unnecessary. Each of the above
examples are companies that have made prematurely
optimistic statements about profitability or j/v's, but the
statements are ALL COMING TRUE. The management of IDX is
currently enjoying board kudos after getting crapped on for
You refer to the 29 DEC press
release as if it should have happenned the next WEEK. I
don't care if it takes a YEAR. I don't care if a deal
falls through and they have to start from scratch with
some other company.
You've "watched" BTGC
since '92? BFD I've OWNED BTGC since the late '80s
(yes, during the "Blech time"). Also owned ATIS since
about '92. Back then I bought stocks too early. I try
not to do that anymore, but I can wait a couple years
for something to click. If you can't, maybe you need
to gamble on dotcoms, not on a non-glitsy biotech
aiming not at big news cures but at solidly profitable
generics and lower profile (no pun about growth hormone)
Phophet2020, you didn't make me mad,
just frustrated to see the same old complaints
surface. But, I shouldn't, since according to my
"insight", increasing complaints might translate into good
Thanks for clarifying "young". Sure,
compared to FORD, GE and IBM, BTGC is young. And, yes,
BTGC has made some missteps, but I think the
overstuffed Ox pipeline was more serious than a poorly worded
PR or some FassSpeak. If you want poorly worded
PR's, you gotta look to AXNT or ATIS! I'll respect your
opinions, but reserve the right to disagree.
"4 months ago" would have been BTGC's conference
call where Fass was all over these "new alliances"
etc. He inferred that we (shareholders) should be OK
with the inventory overstock issues because "in the
4th quarter we will announce several new
strategies/agreements" and this would more than make up for the
disappointing earnings. I follow this stock closely and have
for a long time. I talk with Lea (IR) on a regular
bases. I do not keep a little date book and track every
bit of info that comes out of BTGC, but I have an
good feel for the general mood of this company and how
Wall ST. acts and reacts. I have a core holding in
this company and now a have a rather large short term
block I play with. I have a basic distrust of Fass
which has developed over years of being with BTGC and
watching his performance...we could do a lot better and I
want BTGC to do a lot better.
Sorry for going on
Your "4 months ago" date sorta threw me. I agree
that Mgmt's past perfomance has left questions of
credibility, but they seem a little more appreciative of being
able to follow up on promises. I didn't develop any
anticipation of particulars from that press release, other
"some good things are in the works". I'm also not
reading much into "several" new key strategic alliances.
Right now, the only things I'm looking for imminently
are the annoucement of a marketing alliance for
BioHepB, and a strategy for marketing HGH in US (unless
DNA is successful in blocking that
I'm certainly open to pleasant surprises if anything
else pops in the short-term. I do think that for 2000,
BTG really needs to meet, and hopefully slightly beat
earnings estimates, and also to make something "new"
happen in the form of selling the Hep B vaccine and/or
establishing a foothold in the HGH market (no matter how
small) in US.
I don't mean to get you mad. I have
owned this stock since the David Blech
When I say BTG is a young company I am comparing BTG
to companies in general, not necessarily to biotech
I am not "bad mouthing" the company but they have
made missteps in announcing their intentions as if
they were imminent.
With that said I think BTG
has a lot of potential. I do not mind your opinion, I
hope you can respect mine.
For openers, go back to 29 Dec press release.
"Several new key strategic alliances"; "Company is
continuing to pursue these new relationships"; "New
strategic alliances"; etc etc etc. I could go on and on.
Fass is disappointing and sitting on lots of cash. .26
cents for 99 speaks for itself. I'm not happy with his
performance and 2000 is questionable now that 99 results are
out. Numerous issues have been dropped in the past;
now we understand why the stock is at the same place
it was 3 years. One thing for sure, BTGC only has to
make 7 cents a quarter in 2000 to beat 99. I bet they
can do it.
as to what announcements you're
The Teva venture has already added $10MM to the
coffers. We're still waiting on the marketing agreement
for someone to market BioHepB, but I expect we'll
hear soon enough. As far as completion of the
registration for the vaccine and actual sales to begin, that
was just "sometime" in 2000. I don't expect it to
happen until the second half of the year, but you never
Fass may never win CEO of the year award,
but he seems to be learning from at least some of his
mistakes. I'd appreciate any feedback on which agreements,
etc. you're anticipating.