GREY:IPHAF - Post by User
Comment by
Investandprayon Jan 27, 2010 10:31am
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Post# 16723391
RE: sold it all for now
RE: sold it all for now
Your sell strategy today is for sure a safe way to play it. Your note about the short cash position is a concern however the company did say at the AGM in 09 that they have 18 months of cash. That would bring them to December of this year. I don' think they are broke yet. I am also still highly optimistic of the LUX NDA filing very soon. Why else would LUX arrange 50M US ?? They have nothing else going on except their drug pipeline which is joint with ISA. Companies don't blow 50M US for nothing especially private companies. We just have to wait and wait and wait ...... ZZZZZZZZZZZZZZZZ