Well I am betting on ANIP being successful because, among other things, they will give Simes the boot. But I will still not vote for the plan because I know it just means more pain for current investors. This is why I look at it as a 4-5 year break even. Because no matter what I or anyone here does, the vote will magically go through and the deal will happen.
I would rather take a shot on the ANIP future than lock in a loss for the money I put in already. Why? Because the economy will not get better any time in your lifetime. Why? Because nothing is being done to fix anything and wolves like hedge funds roam the streets ruining companies and gutting them to suck out the last bits of juice.
And I figure, if I see some great opportunity in the coming years, I will cash out and take less losses than now and jump into something better.
But this is definitely no JAZZ situation.
I think TANG is gone because Simes was their "bitch". Out with the old and in with the new manipulation.
And I definitely think TANG forced BPAX to issue shares specifically to short them after they realized that Simes had blown the Libigel study.
Again, there is a case buried in here to pursue. And I find it strange that certain posters here don't want to touch that one with a 10 foot pole.
AI
