Biotech Values

[drbio45]

Critical Therapeutics is very cheap and I own a lot of it

problem is the prospect partners invested in a pipe in 2005 at over 6 dollars a share. the manager wanted a seat on the board. He was blacked out the day they recieved approval and I guess he is tired of the story. He sold over a 1.1 million shares and still owns over a million shares. I would say he has telegraphed to the market that he wants to get out of the stock so until his block is cleaned out he is now an overhang.

He should have resigned from the board last month, then he could have sold out the day of approval and he could have been out of the stock.

I would say when he is out the stock should take off. I am holding but will buy more when he is out.