Thursday, February 28, 2008 12:46:46 PM
Probably a typo, because I dont think you follow GTCB, and what in fact you do know, well you probably get that from DewD.
But I owned it briefly purely for the IND run-up and January effect - and the management is indeed slime.
In November, at earnings, their CC referred to a slide showing an "additional $8m because we expect to close a partnership by years end" (in other words, the "discussed" or "presented" financial statements differed from the filed 10-Q by this "up-front deal").
Then in January they expected to close it by the end of Q1. Many on iHub still believed it.
Well a couple of iHub "guess the big pharma partner" surveys later, and of course the "DEAL" did arrive, and the stock is now 70c.
And yet it is RPRX that has the "dubious management" tag on iHub.
"....on the biotech battle-field, you need some élan...."
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