Posted by: beautifool March 27, 2014
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This is my first speculative bio tech stock (GCVRZ). You can't find it in google finance..There is Pharma Giant from France (Sanofi). 140 billion dhani company. They have a drug that treats multi-scelorosis. And honestly don't know what happens to a mullti-scelorosis patient (pain). Anyway, they have 25 year reserached drug..that has been approved everywhere else but US. So the drug has been approved in EU, AU, CA, Brazil..etc...
I don't go to casino but rather would like to buy the stock of money making casino companies for cheap. So, this is a casino play..selling for 30 cents today..and the "contingent right"; whatever it means..is valid until 2020. 6 years from now. All things go right..each contingent right holder or (stock holder will receive) $14 per right. Currently at 30 cents. It is my speculative buy...at 30 cents..10 thousand shares..just today..it can go down and become zero..but it can also go up and become ..I don't know how many baggers..in 6 years..better than roulette though...coz the drug has been approved in major economies..and value comes with revenue..more important than making money..hope the drug helps cure the pain.
I don't go to casino but rather would like to buy the stock of money making casino companies for cheap. So, this is a casino play..selling for 30 cents today..and the "contingent right"; whatever it means..is valid until 2020. 6 years from now. All things go right..each contingent right holder or (stock holder will receive) $14 per right. Currently at 30 cents. It is my speculative buy...at 30 cents..10 thousand shares..just today..it can go down and become zero..but it can also go up and become ..I don't know how many baggers..in 6 years..better than roulette though...coz the drug has been approved in major economies..and value comes with revenue..more important than making money..hope the drug helps cure the pain.