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BullNBear52

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BullNBear52

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Re: DewDiligence post# 1116

Saturday, 02/07/2004 11:42:59 PM

Saturday, February 07, 2004 11:42:59 PM

Post# of 257295
Skeptics have pointed to the fact that the Biotechnology Value Fund (BVF) provided Genaera with several million dollars of new funding in May in return for about a 10.5% equity stake in the company, but sharply reduced its holdings of Genaera shortly after the positive trial results had been released.

LOL. The skeptics need a class in Investing 101. BVF took some cash off the table and is still sitting on shares and warrants.


For those who understand no explanation is needed, ...For those who don't none will.

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