apparently so, hero to zero in 6 months to quote another poster,lol, took a position today 5.55,cash levels and other phase 2's due in Q2 2012 that hopefully are also "too good"
fwiw..Targacept downside limited from current levels, says Deutsche Bank Deutsche Bank sees limited downside for Targacept shares from current levels with the stock near the company's $7 per share cash level. However, the firm prefers to stay on the sidelines with a Hold rating ,