Lipocine Inc (LPCN)

[gi197845]

@Kubis:

Biotech stocks are the best way to go become bankrupt and broken, especially OTC, biotech stocks and here's why...

1.High selling, general and administrative costs
2.High cost of phase I,II and III trials.
3.High BOD salaries and bonuses
4.CEO's missing Q, guidance's
5.Toxic debt
6.Lawsuits
7.Bad share structure, outstanding, authorized, preferred shares
8.Stock dilution, reverse splits, warrants
9.Shares being shorted by market maker/manipulators
10.CRL letters from the FDA
11.Failed phase I, II or III trials
12.Even if phase III trials are successful, often the FDA outright rejects the NDA anyway.
13.Negative publicity, even when it's fake news
14.High competition from other companies
15.OTC stocks lack a close regulation by the SEC.