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Re: RetroTire post# 89

Thursday, 05/19/2011 10:26:30 PM

Thursday, May 19, 2011 10:26:30 PM

Post# of 495
I don't own any shares but I've been watching it as well. Losses doubled for the most recent quarter compared to the same period last year and income was down as well. However, they still have $49 million in the bank and the science is very encouraging; particularly their work on HIV which is attempting to duplicate the only documented cure of the disease. In the absence of any positive news, I would expect further weakness. I will be watching closely for an entry point lower when the price stabilizes. Good luck.
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