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thefamilyman

08/24/14 12:41 PM

#1423 RE: silkysullivan #1422

The bold below means that you must currently be avoiding pretty much all early stage biotechs. Come to think of it, these days most companies have lawsuits so your world of possible investment choices is pretty limited.

silkysullivan said...
[quote]I usually avoid any stock with pending lawsuits ... Is there a reason not to be concerned in this case? ... I have not yet found a post addressing this ... Not bashing just asking ... Thanks in advance[/quote]

oldsport

08/24/14 12:42 PM

#1424 RE: silkysullivan #1422

every pharm tickers has pending lawsuits, they all do

123tom

08/25/14 1:58 PM

#1434 RE: silkysullivan #1422

@ silkysully.... I might guess it depends on each case... if you look at a gold miner, PVG...and read their story the past year..... saw the lawyers come out, after a misconstrued,misrepresented controversy, much like GALT and others that get attacked by AF, in PVG case, when the phony dust cleared, and investor public realized the misrepresentation of facts and true value....Pretium went soaring back up to the higher levels it belonged at.

Folks who saw the bashing as the sham it was, bought more at ridiculous lows, and reality is a better place now for PVG.


http://stockcharts.com/c-sc/sc?s=PVG&p=W&yr=1&mn=10&dy=17&i=p84083641593&r=1408989353504



http://stockcharts.com/c-sc/sc?s=GALT&p=W&yr=1&mn=10&dy=17&i=p19782988637&r=1408989482982