This is what makes the World Go Round! Opinions!
My opinion regarding 'MRNA' is very different and I believe since I have been 100% accurate for 12 months straight on numerous boards/financial sites in comparison to Research firms that follow 'MRNA', Star Mine Experts, and
even the well renowned Jim Cramer, I have earned some creditability which all can be confirmed quite easily.
No doubt French has been a positive. And it is crucial to find a partner for managements survival. As for shareholders, they have been decimated financially these past 12 months. While the company is restructuring, it is costing them a tremendous amount in severance pays.
Yet paying rent for a large facility Headquarters is fruitless while there are no products and hardly any revenue.
After yesterdays 2Q report, I find it difficult to understand anyones positive interpretation of this Earnings Report & Future Prognosis of this company. The recent failed trial of Obesity and the good results of In Vivo trial should be
further proof to shareholders that there is much to contend with and this company is a long way off in succeeding to get FDA approvals, and bringing to market a safe and approved method of RNAI products.
When management begins to buy stock heavily for a change instead of selling heavily, I may change my mind.
Until then, this stock always was, and always will be a traders delight. It is too manipulative for the novice shareholders. And until there is a white knight partnership, I only see new lows being made, followed by a compliance letter from the sec. The miracle to date has been the fact that management still exists after accomplishing nothing for 24 years and giving shareholders more news announcements than there are cities in the United States.
$1.1 (08/05/08)
