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 Starpharma - OTC BB: SPHRY
 A lot of support for SPA.
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idean
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17 Posts
 
02/04/2010
22:41:06

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With all my other stocks suffering the recent falls in the All Ords - it seems remarkable that SPA has been holding its price around the 70cents mark.

Does anyone have an opinion as to why this is - is there some info that I'm not aware of ??.

There is a lot of support with SPA even trading to 78cents when all around I have lost an average of 20% for blue chip and 30% for other stocks.

There was a thread a few weeks ago asking if we should cut and run - i'm wondering if i should have cut and run into SPA from my other positions.

So who has been buying - approx 200-600K stocks each day over the past week ?

ID

Factation
Nano God


547 Posts
 
02/06/2010
13:35:21

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I think you mean SPL! USA, ADRs SPHRY.PK

Factation
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Vivagel.Durex
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19 Posts
 
02/06/2010
14:51:40

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Idean..

It's not too late to .. "cut & run" into SPL/SPHRY! You will be richly rewarded if you hold it for the longer term..

The deal that SPL just signed with Eli Lilly is only the beginning..

Take some time.. research dendrimers.. understand the multiple applications and the value that they offer these various applications..

For instance.. Lilly has several drugs going off patent.. SPL provides an opportunity for them to preserves these patents (and related revenue) while enhancing the drug efficacy..
Further, Lilly is actively seeking to buy small companies that enhance their primary line of business..

It is very nice to see SPL hitting their developmental milestones.. on the path to product development..
We are still early on but.. this could easily (eventually) turn into a buy-out!

If SPL stays on track with the Condom Coating deal they have signed with SSL.. this stock could easily triple by this time next year!
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