Opinions
Hugh Cleland, CFA
Liponex Inc.
LPX-T
DON'T BUY
Sep 07, 2007
Had a compound which was supposed to boost good cholesterol HDL. Results reported in March indicated there was nothing statistically significant about it. Stop following it since then.
$0.275
Stock price when the opinion was issued
biotechnology
pharmaceutical
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Had a big base building, which was wonderful, formal by a rally and then an exhaustion move, correction and rallied back. The problem is, the 2nd high did not go as far as the 1st high. This created the pullback. As long as it holds above $1.80 wait and see if there is another rally.
biotechnology
pharmaceutical
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