Biotech Values

[zebra4o1]

Pharmos - this dmn stock keeps finding ways to make me feel like an idiot. I felt lucky to get out at $1.20, and now its 30% higher on huge volume. I've got to believe Pharmos has just become the plaything of day traders - the volume and price rise has nothing to do with the fundamentals.

When a PIII shows absolutley no signs of efficacy whatsoever - not even a hint - that is a sign of fraud or incompetent management. And it doesn't give you a warm fuzzy feeling about the rest of the company's pipeline. No way this stock should be trading for even its cash per share.

Hmmm, maybe I should be shorting it here?