Tuesday, January 19, 2010 4:56:37 PM
Today I feel (for various reasons I won't bore you with) that ANX, given the circumstances, behaved differently than a typical microcap should have behaved today. I've been around these for a long time. I'm buying ANX profusely during this healthy tug-of-war in the low .30s. If I have to sell some for profits again, I will.
Waiting for Culley to speak Friday: https://news.fidelity.com/news/news.jhtml?articleid=201001190805STREETCMREALTIME_10662919&IMG=N&cat=default&ccsource=rss-default
"I did hear from Adventrx's CEO Brian Culley over the weekend, who thinks I'm under-estimating ANX-530's commercial potential in part because the drug is likely to receive third-party and Medicare reimbursement. I asked him to explain his reasoning in more detail and make the bull case for ANX-530, which he agreed to do. I will post his comments in Friday's Biotech Stock Mailbag."
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