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Re: None

Tuesday, 05/26/2009 12:55:19 PM

Tuesday, May 26, 2009 12:55:19 PM

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From another message board:

Re: The smart money is now moving in... 22-May-09 04:45 pm

I agree completely...I keep doing the math to make sure I'm not crazy.

Even if their cash dwindles down to $6 million (taking into account debt) and they get $0 for their pipeline and their buildings/land are only worth $6 million instead of the estimated $7M, that is almost $0.18/share. A lot of biotechs trade under cash because they are spending money like crazy. However, NRGN is not spending hardly anything.

I fully expect a deal by the end of the summer. $10M cash + $7M buildings/land + $30 million for pipeline = $0.70/share easily.

That gibberish above is MY own opinion. Go get your own!

Charts NEVER Lie.
http://investorshub.advfn.com/boards/board.aspx?board_id=12543


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