Replies to post #5863 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[NukeJohn]

The market is waiting to hear the terms of settlement with RJR. Some people believe that the parties just agreed to settle this action with no monetary benefit to Star. I don't believe Star would settle this action without getting a significant benefit from it. But, I don't know when this benefit will be known to the public, or if any other tobacco companies are involved in any type of a global settlement.

I think it is important to review the Press Release that came out when this case went to mediation.

http://phx.corporate-ir.net/phoenix.zhtml?c=105863&p=irol-newsArticle_print&ID=1653250&highlight=

excerpts...

Paul L. Perito, Esq., Star Scientific Chairman and President, commented, "We are pleased that after ten years of hard-fought litigation -- where both sides seldom agreed on issues -- the Court's decision to refer the litigation to a Magistrate Judge for settlement purposes was agreed to by the parties. We believe this augurs well for good faith negotiations by the parties that hopefully can lead to a mutually acceptable global resolution."


JMHO,

NJ

[thefamilyman]

MineAllMine - "I thought there would be more buzz and share price impact."

3.7 million shares traded so far when the average for the last 10 days is 1.4 million. I'd say there is some significant "buzz". ;-) Unfortunately, the lack of a PR providing details is allowing the shorts to continue to play their games. Without the additional manufactured shares, I believe we would be up substantially. If this settlement is even mildly favorable to Star, it could be a big problem for 25 million shorts.

550,000 thousand shares dumped in the first 7 minutes of trading today. Over 300,000 shares dumped in 4 minutes at noon. It will be very interesting to see how big the "fails to deliver" will be for today. Last August when Anatabloc was launched, the "fails to deliver" were in the millions of shares for the next 2 days.

How do I know it's shorts? Because no knowledgable long who is in it for the tobacco litigation is going to capitulate when it appears that the win they have been waiting for is at hand. Besides, the most "knowledgeable" longs are in it for the Anatabloc and would not sell regardless of the BigT outcome.

It's just more short manipulation. One can almost predict that there will be another dump to begin the concerted effort to drive the price down below $4 at the close.

But be thankful! This may be one of the last chances you have to get STSI near $4 per share....