POZEN Inc. (POZN), a pharmaceutical company committed to transforming medicine that transforms lives, announced today that their investigational drug candidates YOSPRALA™ 81/40 and 325/40 (aspirin / omeprazole delayed release tablets) have received a second complete response letter (CRL) from the U.S. Food and Drug Administration (FDA). A CRL is issued by the FDA when the review of the file is completed and questions remain that preclude the approval of the new drug application (NDA) in its current form.
I do expect Americans to take up most of that oversupply.
If you understand human nature, paying a low price which we haven't seen in years will cause Americans to squander this resource and by next Summer we alone will make up much of the shortfall. Supply and demand will end in equilibrium and prices will rise.
If you can't drill for oil could you partner with Mcdonalds maybe, and sell hamburgers from them to cruise ships and oil tanker crews or even Navies from around the world.
How about building upscale housing and becoming a reit.
We sure could use more airports, ocean based.
The possibilities are unlimited.
I may buy these rigs for pennies on the dollar and do it myself or would some of you dreamers like to invest with me???
That seems to be JF's business plan, but somehow he still ends up a billionaire.
The rich always seem to have a way out even when the masses suffer.
Who would follow a guy that bought at 28 and didn't know a dividend cut was coming. ( laughing )
Does not matter.
Only one lawsuit is allowed to continue.
The rest , I believe just become a party to the suit.
Someone once said, don't buy until you see the whites of their eyes.
I think that was George Washington.