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Re: None

Saturday, 12/12/2015 8:17:55 AM

Saturday, December 12, 2015 8:17:55 AM

Post# of 360718
I think BIO stocks are a lot like OIL stocks. Many have drugs in clinical trials that may turn out positive or not like exploration stocks that have wells to be drilled that may turn out positive or not. Most need cash and use convertible notes or issue additional stock to raise funds.

For a example of what could happen after the RS keep an eye on GBSN. They have a 1/60 RS effective Monday. GBSN closed at .09 on Friday so it should be priced at about 5.40 at the open Monday. See how it reacts when it opens. If it follows the pattern of other stocks that have had a RS lately the price will drop for a day or two and then recover.