Stockchase Opinions

Bruce Campbell (1)ConjuChem IncCJB.TODON'T BUYAug 06, 2004

Needs to know more before he would buy. Have to see better results in the future. Buy when it's rising.
$3.61

Stock price when the opinion was issued

biotechnologypharmaceutical
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DON'T BUY
Thinks it’s a horrible company. Last year they did $120 million of financing at $0.65. The $1 stock immediately plunged to $0.65. Last week they announced a $20 million financing at $0.15 convertible debenture. Has gone through $120 million in 12 months.
DON'T BUY
Thinks it will bounce around a little bit. Not his favourite name. Continue to spend a lot of money and ultimately will have to come back to the market, perhaps some time next year. With the state of biotechs, both large and small, it is not a sector he would want to be in right now. Doesn't like the management.
WEAK BUY
Had a problem with nausea on their drug. Data is improving. Starting to fix the nausea problem. A very effective product. Did another financing, so they are well cashed up. Not the best management team.
WAIT
Was concerned when their drug was causing nausea, so they sold. Thinks they will have to do a lot of work. Will watch to see if they can solve the problem.
DON'T BUY
The nausea under the diabetes drug is fixable under certain conditions, but the question is can the do it. If they can fix, it's a very robust product and will have a very big market.
WAIT
Sold his holdings because of the convertible debenture issued. Too early to go back in. Expect their will be a lot of tax selling towards the end of the year and will look at it at that time.
DON'T BUY
The drop out rate on their diabetes drug was higher than expected. Wasn't happy the way management disseminated the information. Dead money in the near term.
WEAK BUY
Feels there is a potential drug here. Probably is near its bottom. A fair risk/reward. They are trying a new formulation re: nausea of the drugs they tested in phase 2 trials. Also waiting for a combination trial.
TOP PICK
Not really happy with management. Took a big drop and is an interesting buy now. The drug works. Potential of being in phase three next year. Really cheap.
DON'T BUY
Not sure you should buy it at this time. You want to hold it when there is a possibility of approval being given for their product.
DON'T BUY
A negative report on patient's reactions created a drop in the stock. Drugs in phase one or phase two trials can be very volatile. Prefers larger companies.
BUY
An announcement is coming out next week and he thinks the news will be good, but would like it to be great. Speculative. Good management and balance sheet.
BUY
Stock has come off since they announced the successful trials on their diabetes applications. There is some risk, but has potential.
DON'T BUY
Has had a huge move. Has moved too far, too fast. Solid programs. Expensive.