Replies to post #5806 on IntelGenx Technologies Corp (IGXT)

[JimsZ]

If you look, we were on the upper end of the trading for the past couple months and already due for a slight correction.

Today the news came out and once the trading price started lower than expected, alot of those that would have held jumped the boat just to make sure out with a profit!


The news wasn't the greatest news as some people were hoping the company would be bought out for $12/share by some big pharmaceutical company. Basically we're making Generic drugs, but it can be profitable and the company has a lot more in the pipeline - so it can be VERY profitable.



The cash burn isn't bad, get 3-4 of these "licensing agreements" out there, let someone else spend the money/time to sell our approved drugs and we're in good shape!

[crookedneck]

Being this is the last post I have left for the day I would like to point out something.

There was no share deal with this partnership, otherwise it would have to be revealed in their disclosure and they did file their 8K and there was NO mention of any shares involved in this deal - period!

My guess is that some were hoping for buyout news or a bigger partner and decided to sell and move on, because they are not in it for the long term. I on the other hand am here for the LONG TERM and I feel good about what IGXT has and what they are bringing to market this year and more.

Everyone has their opinion and I respect that and will be here for a very long time, because I believe in what IGXT has and the cash flow that has been put in place with this partnership. If I see something I don't like I will be the first to express here.

Cheers! Hang In There!