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4 pts

Opinion on  MDRNA Inc. (MRNA)
Breakdown on support level is around $.68 to $.70 cents

Sep 03, 2008 11:36 AM GMT
Return Risk
+2.40% HIGH
Associate

With news of a partner the stock could reach $1.10 and without news the potential of New Lows ranging from $.56 cents to $.66 is more logical due to low continued volume, frustration and total lack of interest on wall street. This is a much higher risk at stake, that long term investors should be aware of. Short term traders are ready to pounce on Partner news, and the long journey of potential success is unclear and unknown when and if it ever shall happen many years from now. The management team after 24 years has never had this old horse even finish a race, let alone cross the finish line. So putting a New CEO as the jockey helps but it is 95% horse that wins the race.


MRNA:  This call was made on 09/03/08 @ $0.73
Rating:   Negative   $0.73 (09/03/08)
Closed:   09/05/2008 @ $0.66 (+9.59% in 2 days)


Comments (4)

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JIMMY T   17%     1 point   commented 1359 days ago reply

As I forecasted back in April, that 'MRNA'
would hit $1.00 and soon thereafter, a compliance letter from the 'SEC' should follow once the stock price remains under $1.00 for 30 days. That time has come upon us this coming week!
After 30 days under $1.00 the stock closed at $.64 cents and the announcement should be soon which I expected to happen almost 6 months ago. On the site Motley Fool Caps last September, one year ago, I stated that 'NSTK' HAS ALL THE INGREDIENTS FOR FAILURE! No one then liked my posting and I went against every Research firms experts opinions & recommendations to 'BUY' the stock. They were dead wrong on their recommendation and their high target prices. From $18 dollars to $.64 cents. And I was the only person to attain a four star rating on 'PREDICTWALLSTREET' for 12 consecutive months in a row.
Like it or not the experts who get paid 6 figures were DEAD WRONG while I was DEAD ON. Regardless of a new name and a new CEO, even if they find a partner at this point, realistically how many years would it take this stock to actually recover from the devastation
and debacle it handed its shareholders?
Most shareholders have been ruined financially for life and the rest will probably never ever recover their original investment. French may have the credentials but would have to duplicate the acts of 'MOSES' to ever raise this company from the DEAD!

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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.36% 531
2 18.14 +36.28% 286
3 17.66 +23.07% 83
4 13.47 +13.37% 69
5 12.13 +132.16% 102


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MDRNA Inc. (MRNA)
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