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Message Boards Settings NovaBay Pharmaceuticals, Inc. (NBY) - Quote Info
NBY Truths      6-Nov-09 11:01 pm    
I have been in this stock PRE IPO and bought more last couple years.
In total 118K Shares.
My patience is wearing thin.
They keep promising results, and yes, their is progress but its very slow, with no actual compound or drug in stage 3 trials.
Many and painfully I say this, many other Biotech companies are right on their heels with the same or similiar compounds, who are working much quicker, as this is a niche market.
With Obama nationalizing the Health Care system and squeezing out the pharma companies, NBY will be hard pressed in this environment.
Patents will be shortened, and generic or other competing drugs in the infection field will come in.
Bottom line..
I still hold, frustrated..
But I do believe they will produce, but with competition closing in, and the obama administration, squeezing the bio-tech/pharma companies, at MOST i see a 5-6 dollar stock.
Ribeye??? who proposes 50 or more is a pumper, must be as that
estimate is a JOKE, your better bet is too buy a lottery card and pray if you believe that nonsense.
Dont mistake me for a dumper or a naysayer.. as I have rode this
for years.. But its common sense. and I have good info that
other much better financed companies are making huge strides..
For all oursake, I hope this stock gets too 5-6, but if it gets too 4 I think many of us, will sell and walk away happy.

Just my 2 cents.
Forewarned is forearmed.
Hold for 4.. beyond that its a BIG and WASTEFULL RISK.


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biotechguru...

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NBY Truths
biotechguru... Not rated 6-Nov-09 11:01 pm  
 
You should sell your stock NOW if you can't take t...
syncmaster9... Rate it 7-Nov-09 06:38 pm  
 
We have Alcon that is enough said. $50 in 3 ...
ribeye001 Rate it 8-Nov-09 01:10 am  
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NovaBay Pharmaceuticals, Inc. (NBY)

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