Genzyme Molecular Oncol. (GZMO) Message Board

Auto racing = Hep c drugs in the market?

Yo funny Cabos. Please tell me another joke!

GIGUY,

Sorry to tell you but you made a big mistake way back when you sold your VRTX shares. Patience pays off my friend.

I am not sure if it is wise to short VRTX. Just because a stock has a big one time upside does not mean it is a good short candidate. One needs to look at all factors regrading a company before they short. VRTX has lots of potential products and any of them could produce news similar to the CF drug.

I agree. Unless there are positive factors for CVI and negative ones for CVRR that we are not aware of, the disparity between the two do not make any sense. Based on that I sold all my shares of CVI and bought all shares of CVRR I could. I am banking on CVRR catching up with CVI.

THANKS FOR THE INFO.

"And I can't find any shorts!"
I think they are too embarrassed to show their ugly faces.

Those were all prearranged sells.

"Long IDIX and gold and short Vertex"

yep, I remember when he got very mad about VRTX and sold and went long IDIX only to see it tank.

I wonder if you have given it a thought to provide a copy of the letter from Taylor Guo to the Rosen firm. Rosen may find that useful in the case.

EOIM, IS VERY CAPABLE AND HAS BEEN INVOLVED IN ALL ASPECTS OF tbet. Oops sorry for caps. A class action suit is the only option we have and Rosen was chosen by the court for that purpose.

Here is my take of things. I just don't believe after the lawsuits are settled there will be any assets left in TBET and if there are, the banks that hold a mortgage on the company will own those assets. Could I be wrong, yes--I dont claim to be that smart or i would not have been in this stock.

It is possible that before too long, trading in TBET will be stopped. So for tax purposes those who need a capital loss to offset their capital gains could choose to sell. The other way to declare a capital loss without selling is to have your broker to declare it as worthless and by doing it you can declare a capital loss also. However, since you no longer own the shares you will not receive any money in the unlikely case that the company may have some assets left.

As to buying share at this point, I can see a person buying at a penny or less. Heck, it only takes $100 +commision to buy 10,000 shares of the #$%$. For me it is just too much of a headache to mess with (rather than the $100) for the remote chance that there will be some assets left. Good luck.

finacewbug,

Be my guest and buy all the shares you want. It is now traded, as of this moment, at one fifth of a penny a share. Who knows, at that price you may become a majority shareholder without having to spend lots of money.

Below is a link from an article published in Seeking Alpha. When that article was published I lambasted the author and accused him of being a short seller while I was buying shares at high prices.

He proved to be right with his data which by the way was from the horses mouth. He is a Chinese and all of his data were based on his contacts with the Chinese officials. You may also want to read some of his follow-up articles by searching the web.

Good luck with your investments whatever they may be.

http://seekingalpha.com/article/448321-tibet-pharmaceuticals-looks-like-a-terrible-bet

It sounds like this is their first attempt to use their "linker technology" on any drug. If their linker tech is based on peg, they have lots of work ahead of them because even Enzon as well as other peg manufacturers have not been very successful in developing sophisticated new drugs like nktr's 102.

However, if their linker tech is based on another method, or an invented molecule then it would be interesting to watch their progress.

John,
I think he/she did lose lots of money. If I recall he/she became very very bitter towards vrtx and sold at a big loss because it had gone down from it was bought. I believe he then shorted the stock because he hated vrtx so much.

I believe GiGuy used to own vrtx way back but turned negative on the stock a few years ago. He probably is frustrated that he was not able to be in on the 62% overnight appreciation. It also will not surprise me if he was short VRTX in the 30 or 40's since he was bad mouthing the stock during those times. Any way he has been on this board for a long time and for his sake I hope he was not short from way back.

Also, when they exercise their options (which they have to because they would lose the rights if not exercised by the deadline), they must pay taxes on it. That is another reason they sell -- to pay taxes on the profits and pay for the option cost. If they exercise and keep the stock they have to pay for the option and taxes out of their pockets.

"Very well said. I hope so too!"

You "HOPE" so?

I thought you were so smart that you were sure!!! hehehehe

,
",Do these guys ever stop? As long as there's retail suckers like johnf50 and gladpick around they'll have shares to sell to themage"

Hey shortie Creliho,
Please keep shorting so I can buy more on the cheap. You see, I can not buy all I can at this time because my inheritance trust fund provides me with a certain amount every month.

"Almost covered this morning. Glad I didn't, the downward spiral to 60 will resume tomorrow!"

That was a post from yesterday. hehehehehe