Forum Archive Index - November 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

My post :

 

http://www.sharechat.co.nz/archives/2001/09/msg00566.shtml

 

at the end of that article of 29 Sept. 2001, mentions that PTD @ $A 2.30, could be a better bet than GEN @ $A 2.30 .

GEN is now $A 2.20 and PTD reached $A 4 at one stage, yesterday.So far, so good!

 

We still need that important Patent, we talked about!

---

This morning, IMNX got a Patent to speed up manufacturing of the drug Enbrel, a powerful TNF drug and a big seller.

In my opinion, it was not well presented in:

 

http://www.ozestock.com.au/MessageView.asp?PostID=57766&Symbol=PTD

 

Three of us acted on this : see the following six posts.

 

Nevertheless, I feel that it may be wise to have a look at the holdings of PTD.

 

 You have read my appraisal of this share and it could be a wise thing to have some cash available, should the Patent be granted and the PTD price be well below that valuation. 

 

We always need to remember that there are more than  usual risks till that time, the Patent is granted.

 

I have asked the major brokers and I am getting the impression that there are many NZ holders of PTD and MMD.

 

I suggest that PTD holders look at their present holdings and ask themselves if their investment may be too large compared with the speculative nature of PTD.

 

Gerry

Holds PTD and MMD.

Readers are not asked to buy, hold or sell PTD. To do so, will be entirely at their own risk.