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Re: volgoat post# 13994

Monday, 05/21/2007 11:00:20 AM

Monday, May 21, 2007 11:00:20 AM

Post# of 346043
The reason could be as simple as someone, working for BP, wants to make it difficult for PPHM to acquire investment interest. An investment banker has to ask himself, "If this drug (Bavi) is so good, why doesn't Wall Street see it? What does Wall Street know that I don't"? (Especially if the Russell rebalance brings the pps to about 80 cents.) PPHM, being desperate for $, then is forced to make a deal very favorable to BP. (I've got burned this way before, by the way.)
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