Stockchase Opinions

Lou SchizasHemosolHML.TODON'T BUYSep 05, 2003

Ran into trouble with their lead product. Down to about $900,000 in cash. The company is on life support.
$0.87

Stock price when the opinion was issued

biotechnologypharmaceutical
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DON'T BUY
This could be a time when money moves back into the health care. Usually the small cap biotech stocks, such as Biovale (BVF-T), Patheon (PTI-T), MDS (MDS-T), etc. move together. Don't just buy one, buy 3 or 4 of them. This one is a pretty thin trader, so would stay away from it.
DON'T BUY
Consolidated stock at 4 to 1 to meet Nasdaq requirements. Markets hate reverse consolidations. Typically it's not a good sign as it means you've got too many shares outstanding. Not a great company, so wouldn't expect a whole lot from this company in the future.
TRADE
Speculative future.
BUY
It will expire again, company has run out of money many times. Take money out, while money is on the table.
SELL
Basically, you are paying for an option. The company has run out of money many times and they continue to have regulatory problems with their product.
DON'T BUY
Built a nice plant in Mississauga, but found they had trouble with their blood substitute. Now a speculative stock.
DON'T BUY
Have made arrangements with another biotech company by contracting for part of their facility. Should be getting some revenues. Not a fan.
DON'T BUY
A speculative play. Hemalink stalled in face two clinical trials. Build a plant. Limited visibility going forward.
DON'T BUY
Very speculative. FDA trials didn't go well.
DON'T BUY
A lot of problems. May not survive.
DON'T BUY
A long way from being a mature company with mature products. Speculative.
DON'T BUY
Never seems to get it together.
DON'T BUY
Worst is behind them. Would prefer owning through MDS.
WEAK BUY
OK for a long term hold. Buy on weakness.