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Re: wolverine02 post# 42069

Monday, 12/26/2011 2:23:36 PM

Monday, December 26, 2011 2:23:36 PM

Post# of 48121
Hi Wolverine. Very nice to hear from you again. Merry Christmas and Happy EveryYear!

Breifly, the drop was caused by the phase 2 testing results of BisSante's Libigel trial. It wasn't perceived by the markets as having met expectations.

I believe there was a major over-reaction by the markets. Maybe a few regular characters jumping onboard to take advantage. MM's, shorters....this made the tank accelerate and gain strength.

Anyway...from what I've read there isn't anything substantial saying that libigel won't work. I believe it still has much promise, or the PPS would still be going south.

I also think that in the next few weeks the upside from here is going to be substantial.

You're right in saying that it seems to have found support. And anything over .5 should indicate breakout. I think BPAX will see that tomorrow, or early next week.

Hope all of your plays are going great!

P.S. Let me in on any great pre-load tips you got bud. :)

"Only buy stocks that go up. If they aren't going to go up, don't buy them." Will Rogers

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