Stockchase Opinions

James Hodgins Neptune Tech & Bioresource NEPT-T SELL Jun 15, 2012

(Mark Call Minute.) Has been a concept stock for a long period of time. Had a big run here but still no earnings.
$3.910

Stock price when the opinion was issued

biotechnology pharmaceutical
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SHORT
For years NEPT was in partnerships where they were extracting Omega-3 oils from krill oil and selling that to consumers. Now they're taking that extraction technology and applying it to the cannabis oil market. He's in a wait-and-see spots. The fundamentals don't back the move up in the stock. He has a small short on this.
WATCH
Doesn't know this well. They're in the cannabis sector, more in the extraction market, an area that will continue to expand. He's watching their progress in earnings.