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Biotech / Medical : GlycoGenesys GLGS (formerly SafeScience SAFS)

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To: zeta1961 who wrote (52)2/4/2006 1:34:04 AM
From: tuck  Read Replies (1) of 56
>>Ouch!..the first BTK Chapter 11 I've witnessed..What do you think Tuck<<

I think I'm unhappy. I misguaged their chances of adding enough value to get a partner. I probably should have sold when I realized the trials were so slow. But I thought "How much lower can it go?" Arrrggh.

This is in my Mom's portfolio, not mine. Not a big position, but a couple of K of hurt. OTOH she also owns ACAD, and might have gotten it even cheaper than Rick. So things are actually OK with her portfolio, on balance. Throw this in the stupid mistake folder, along with CTIC (can't believe their treating Pixantrone so poorly, sheesh; I think I once quipped that Bianco doesn't need a jet, but sure needed his security guards because an enraged shareholder might try to take him out without his golden parachute).

Cheers, Tuck
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