I would bet the farm that he is smarter than most posters to message boards, I doubt he buys or sells based on a message board post...........jmho
In my opinion.
The settlement gives Aphena Pharma warrants in Biozone stock, putting Aphena in a position that they now have a vested interest in Biozone Pharmaceuticals success......jmho
They had a bumpy road just like Biozone when dealing with lawsuits etc. Anyone who follows the pharmaceutical business knows that lawsuits are part of doing business just like the energy industry.... But Dr Frost built the company into a 7.4 Billion dollar business that Teva eventually acquired...I trust Dr Frost.
Dr Frost is a genius.......imo
What's a mans life worth - you tell me. There are men and women working as small town Police Officers for a lot less than $24.00 and hour but they choose to do it. We have volunteer firefighters who risk their lives for nothing more than shear dedication. I am not a fan of FirstEnergy but they are company that provides a service we need. They offered workers an 8 % pay raise but wanted to reduce health care for retirees. Unions being strong supporters of the democratic party will have obamacare to fall back on will they not ; so what's the problem. Didn't the president promise every American Affordable health care ? When any company says this is our best and final offer you either take it or go on strike or find another job. I wonder how many people working in the Altoona area make an average of $24.00 and hour with built in overtime and benefits ? But if you choice to go on strike don't complain ...............
I have stated several time the example of Dr Frost's investment in SafeStitch Medical ( sfes ). In Aug SFES went from .69 to $1.49 in TWO trading days. It than sold off to .71. So it appeared to be done. Maybe the sell off was profit taking or weak hands, people afraid to lose their profit or people who bought at $1.49 and were now watching SFES drop. .71 was the bottom and SFES than made a run to $1.80 before settling around $1.50. I am not going to sell early, in my opinion ROX has a way to go before the next earnings report..Just my opinion of course.
You are right about one thing, just because ROX had a nice move doesn't mean it can't go a lot higher. Tesla Motors went from under $27.00 to over $180.00 and Dr Frost's SafeStitch Medical went for under .25 to over $1.80 at one point. I agree that breaking through the one dollar mark could be what sends ROX a lot higher. The volume has been increasing recently ,so someone seems to be accumulating a position in Castle Brands. jmho
IN MY OPINION if we break though $1.00 ROX could move a lot higher. There's something about round numbers that attracts Wall Street investors. Earning Whispers has moved the Pivot Point to .77 Support at .72 and Resistance at .85.