Replies to post #23154 on $heff's $tation of $tocks & $olid DD

[ShootinBlanks]

Nice buy Sheff! I'm not holding 10K but I do have a good position and anticipate a nice move from here.

[$tock Rev]

*** Nice call $heff CRXX ***

[The_Free_Nebula]

GLTUA

[theparty]

bought back 2k @ 1.30, cannot believe I sold 2.5k @ 0.96

[$heff]

CRXX DD Post ($1.40). Looking for appreciation in price prior to FDA decision on Feb 22nd. If decision is positive I hope to see a strong appreciation in price w/ solid follow through due to share structure and no existing toxic debt.

~The company is debt-free
~18 Million in cash on hand
~ 18 mill/float...35 mill shares/OS....60 mill/Auth
~Deep pipeline.
~Partnership w/ Mallinckrodt (division of COV at $50/share-nasdaq)


Uncertainty for approval lies in whether the questions submitted by the FDA to CRXX were answered to satisfy all the requirements for approval. The FDA extended the deadline from 11/22 to 2/22 in mid-November. High risk/high reward potential.

A lot on the line w/ the possible approval of EXALGO in royalty fees and milestone payments.


investorshub.advfn.com/uimage/uploads/2010/2/4/zvkpwCRXX_top_institutional_holdings.JPG[/chart]

[$heff]

Alert: Sold 10,000 shares of CRXX in Starter Portfolio at $1.30. Moving my money to another forward-looking event play. Not sure of FDA approval status. That seems to be reflected in the PPS is my gut feeling. $heff