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Wednesday, 12/16/2009 5:40:12 PM

Wednesday, December 16, 2009 5:40:12 PM

Post# of 276
Very very important info folks.

Remember they r in voluntary ch 11 file on Nov 17. Company is appealing the delisting on Nov 24. Which will stay the suspension and delisting through the conclusion of the appeals process. There is no guarantee that this appeal will be successful.

They r buying time so they can pump this up at the end of the year before dumping it all.They will not win the appeal process. Im 1000% sure of that.

WASHINGTON, Nov 17 (Reuters) - Iceland's Decode Genetics Inc (DCGN.O), a pioneer in genetic research, has filed for bankruptcy protection, weighed down by debts after 13 years of failing to make a profit.Shares in the group plunged around 83 percent on Tuesday as the Reykjavik-based company warned any recovery for shareholders was highly unlikely.

That PR that was put out today is something like this PR put out back in Jan 2006. They r just blowing smoke for the new bagholders that dont know any differents. Im sure seeing the news would be new for someone that never seen it before.

The Low was .03 and the HI????? Pick your poison from .35 to.48 tomorrow will be your last chance to get out I would think. The 52 week high is like .94 which I really dont think it will get there or even close to it. If you even think this it the next VRMLQ well think again because it is not. At least that what im thinking b/c that vrmlq is like 1 in a 500,000 LOL! Chasing a bankrupt stock for every penny can be deadly. This is just an UP and Dump stock. Of course this is Just My Opinion. But what do I know! Im pretty sure in the End this will be a Junk company.But I been wrong before but mostly right. Do your own DD and see if you want to Buy,Hold,Sell. I will say this if a person own this like at .39 or so you have to Sell it and be on the safe side right but that up to that person. If I find any more info Ill post it. Good luck traders.


http://www.decode.com/News/2006_01_15.php

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