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Re: GaryJPalys post# 7787

Tuesday, 02/07/2012 8:22:09 PM

Tuesday, February 07, 2012 8:22:09 PM

Post# of 26138
Gary I am glad you turned a profit. Honestly, I looked at the similar type of scenario accept I held my position over $2 for a couple of months. When the stock dropped 80% I averaged down playing the bounce and the PDUFA. When the bounce didn't happen. I wondered if I made a mistake. It was the best investment thing that ever happened to me. I ended up digging through the posts the previous company headlines the websites and then the Nutsyprofessor and their like minded people on Yahoo board along with the information on this board including looking up clinical trial information, patent information and partnership info and their trials. Now I had a good understanding of Biosante and the product pipeline.

What clinched it for me was when I queried the 310 Drug and Biotech companies on Google finance and sorted them by market cap. I then looked up every company with a greater market cap then Biosante and went to their website. I looked at how their products and pipeline,the financial and potential earnings all compared to Biosante. This was an eye opener. They didn't compare, not even come close to comparing until the upper $300 million market cap. I couldn't wait until the first trading day of the new year. Trust me anyone, who simply does a comparative product and pipeline analysis as I did will not be selling their shares at these cheap prices to turn a quick buck.

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