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Thursday, January 15, 2015 9:51:06 AM
I am talking about the fact that BACK THEN biotechnology was quite NEW. That it was said such companies, and hence TCLN/PPHM, would take 10 to 15 years to get something out of there pipelines.
PIPELINES, no matter WHAT comes out, but for SOMETHING to come out.
Back then it was commonly known that TCLN/PPHM was on for 10 to 15 years before anything would come out of the pipeline. Even Cramer proclaimed that at the time.
And I think we all agree we only start to see biotechnological products in this field since some years (vs pharmaceutical products which are of a different order).
Now I may not be a Cramer fan these days because his reputation hangs on his style, which is more a clown then a financial reporter, but he WAS RIGHT and YES I agreed with it.
Peregrine Pharmaceuticals the Microsoft of Biotechnology! All In My Opinion. I am not advising anything, nor accusing anyone.
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