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bob10131

02/23/10 6:15 PM

#25797 RE: biocure #25795

BOCX is doing a reverse split???

Guess I can hold off buying more then...
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gaboy47

02/23/10 6:21 PM

#25798 RE: biocure #25795

<Who has gotten 30 or more FDA approvals at this level that the Doctor alluded too?>

I beleive that is Trinity Biotech.
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needprofit

02/23/10 11:56 PM

#25819 RE: biocure #25795

I was told by my broker Paulson Investment company that they would like to see the stock as close to a dollar as possible before they did a reverse split. The other information I was given was that one of the contracts they have would give them $1.80 per test and 10% of the profit between the $12.00 test cost and the $28.00 selling price. This would mean that they would receive $3.40 per test in that case.
I am a true believer in the stock and have over a million shares already. I would suggest buying more. The risk reward ratio is excellent. The lowest the stock has ever been by Google finance was .039 cents when the company was broke and had defaulted on its intellectual property. The upside potential is tremendous.