Biotech Values

[zigzagman]

Yeah...CTIC is a bloated pig...lol

I got out of that one a long time ago...The Bianco Bros. and the ever increasing and MASSIVE O/S and Float scared me off...It trades like a darn penny stock, taking many millions of shares of ask slapping to move it up just one penny...It did have a nice pop on that dilution news that came out today...Go figure?...

I'm heavily into ANX these days...What's your opinion of them?...TIA

The CEO just finished presenting at the OneMedPlace Forum in San Francisco:

http://www.onemedplace.com/database/list/cid/946

Here's the video of CEO Culley's presentation:

http://www.onemedplace.com/onemedforum/index.php?option=com_content&task=view&id=96

The stock dumped in the last fifteen minutes of the after-hours session as soon as the CEO finished speaking at 7:45pm though...That was caused by the dumbasses that were hoping for some NEW Earth Moving News to come out, and were disappointed when that didn't happen...Anyone with half a brain knows that these conferences are never the place to put out that kind of news unless it is first PR'd to the entire world first...

He did confirm that the O/S is only 205MM shares, which is good news...And the last round of financing they say will get them through all of 2010...Both their drugs are reformulations of already approved drugs owned by big pharmas, that have lower side effects...ANX-530 (NDA applied for the last week of 2009) could replace one with annual sales of $200MM, and ANX-514 (NDA coming this year) could get a share of annual sales of about $3BILLION!...