Home Page : www.otcjournal.com
Email Questions or Comments To:
editor@otcjournal.com
To
OTC Journal Members:
Lots of news today, so let's get
to it.
 |
BioCurex (OTC BB: BOCX):
Your Questions Answered |
|
My little $.07 idea from last
week has turned into a barn burner. Little known and treacherously
speculative BOCX, which I published on last week at $.07, is now
$.22- no big deal- $.08? Consider it's more than a triple in one week.
Just the beginning of the resurgence
for this highly speculative and treacherous little stock. This is one of
those situations where the stock has been so blown out it could trade up
more rather easily.
I wanted to clarify one major issue.
Many of you have been emailing me- asking me if the company has an FDA
approval for it's highly sensitive cancer test. The answer is both yes
and no.
What they have is an FDA exemption-
anotherwords, they don't need an approval, for a version of their test
for tissue samples. However, the commercial market is looking for a blood
test version, and they will have to go through an FDA study to get it.
It won't be anything like an FDA approval for a new drug- probably just
a six month test to prove it works.
After all, they are not puttting
anything in the body, and they are not treating anybody. They are just
trying to commercialize a technology that will allow them participate in
the single most important factor in cancer therapy- early detection.
There was news today- lest you worry
about them having money, they just completed a small private placement
for $400,000- this is a low overhead operation, so that money will go a
long way. Click
here if you want to read the news.
Here's a bit of a longer term chart.
I provide this so you can get the big picture. The stock has turned up,
but look where it's come from over the past year. Down from $.50.
And yes, both Abbot Labs (NYSE:
ABT), and Inverness Medical (NYSE: IMA) have signed
on and licensed their technology.
Short term price target: $.30.-
that's about 66% higher than today's levels.
 |
Cel-Sci (AMEX: CVM) Cashes
up |
|
Just a quick comment. Just as I predicted,
CVM
is
using its new found fame to cash up so it can get into Phase III clinical
trials on Multikine, where CVM's real future is.
This one has been a barn burner for
us. Up from my initial level of $.36 in June. How do you beat that?
Today, CVM announced it was raising $20 million priced at $1.40 per share.
Can you say Phase III clinical trial? Some of the big boys are probably
already shorting out of the common stock so they can keep the attached
warrant.
This will put a temporary ceiling
on the stock, but once the market absorbs the short term supply, I suspect
higher levels will be at hand. Someone thinks they can put in $20 million,
and make money from $1.40.
 |
Force Protection (NASDAQ:
FRPT): Finally Making Some Money |
|
Force Protection- which I
wrote about back in July 18 at $5.20, is finding a bid now. This
stock was a monster a couple of years ago- $2 to $25. Then
a fallen angel. If you're in, we're now up 10%.
They made their name with revolutionary
new armor for the Humvees over in the middle east. Their technology provides
far better deflection technology for land mines.
Last week, they rolled out a new
prototype which can be used to replace the Humvee, and the market is starting
to take notice.
The stock is down from $9 when they
lost a big military contract to a competitor. Here's the inside scoop-
the competitor is likely going to have to come to them for part of the
contract, and the market in typical fashion has over reacted.
This stock is going to want to try
to fill that gap created in July. There's three points to be made here.
Motley Fool has featured this one
of late. Buy it for $9 later this year or early next.
Home Page : www.otcjournal.com
Email Questions or Comments To:
editor@otcjournal.com
|