Palatin Technologies Inc. (PTN)

[bigbut]

So, RBF, by the tone of your post it sounds like you haven't been through too many of these stocks in the medical field.

These guys are working on something that will help with female sexual dysfunction.

Anyone who knows anything about females, knows that the task at hand is akin to building the great pyramids BLINDFOLDED, so this management team is either beyond crazy (thinking they can cure a female's ills), or very very very smart.

The main ingredient they are using in their formula has been tried by other companies, but nobody has been able to get the delivery system right yet.

The question at the moment is whether PTN will be successful.
The stock price of just over a $1 is most likely a result of some fundamentally strong backer who has set the floor at 1.05 (ie. will buy all the stock at just over a buck). That tells me that this is a wait and see game. its a crapshoot on the topical formula that will make a lot of women and their partners (male, female, etc) happy.

its a good stock to be in, but don't bet the farm on this one, the cows may not come home.

GLTA

But