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Biotech / Medical : GlycoGenesys GLGS (formerly SafeScience SAFS)

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To: blind-geezer who wrote (36)3/4/2005 3:29:49 PM
From: tuck  Read Replies (1) of 56
 
Both. The bad: It's debt. The warrants put a cap on it, should good news propel the stock. If it's really good news, the cap may not be there long. The good: they're a going concern for a while. If the next round of clinical results are anything less than darn good -- i.e. sufficient to genuinely support advancement and attract a partner -- take what you have left and run. I know I will. Thank god this was a little gambling position for me.

Cheers, Tuck
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