Rafarma Pharmaceuticals Inc (RAFA)

[032798]

I'm an ihub'er and I don't have the "poor mans" mentality. I won't buy this stock at any price because if the sophisticated investors(those with better dd resources as well as connections) aren't seeing this as "fire sale" prices, then it must not be a great deal. Besides, history of the unfolding speaks volumes. Just ask WayneR. He probably has the best summary about this whole deal.

In my own summary, there is a reason the price has declined. And that, in itself, is telling us something just isn't right here imo.

It wouldn't surprise me if there is an upswing in the sp from here. But it also wouldn't surprise me if the sp continues downward.

Best of Luck,
03