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Closing TELK (Telik) underperform

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5

June 24, 2008 – Comments (4) | RELATED TICKERS: TELK

I still think Telik is headed for the dustheap of history, but I don't see collecting any more points in the near term and the stock is trading at cash level. Telcyta and Telintra are still in clinical trials and you never know when management will release some BS that will cause the price to double overnight. If it happens, I'll be there to short again.

4 Comments – Post Your Own

#1) On June 24, 2008 at 8:36 PM, DemonDoug (82.62) wrote:

hey zz, i've gotta give you credit, doing a biotech only profile... and with fairly decent accuracy.

still looking/waiting for thoughts on dendreon (DNDN).  Man it's been a frustrating few years.

opinions?

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#2) On August 19, 2008 at 4:47 PM, zzlangerhans (99.70) wrote:

Sorry not to respond earlier, but I gave up posting as I suspected no one was reading my blog. I'm long-term negative on Dendreon. I don't trust the management and I think the way they've presented data has been dishonest. I don't think Provenge really works. However, I can't be sure they won't report significant data from the ongoing phase III and I think if they do the FDA will have to approve them. I'd put the odds at 70/30 in favor of negative data, but obviously a huge jump with positive data. Too risky for real money, and almost too risky for play money.

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#3) On October 04, 2008 at 10:22 AM, fransgeraedts (99.92) wrote:

Dear langerhans,

 

just letting you know that i am an avid reader of both blogs and pitches!

I saw that you stopped writing pitches. I would find it very sad if you did that because you thought nobody read them. I visit your page regularly and read them all. Your my inhouse caps biotech guru  -so if its possible do please keep on writing them.

 

fransgeraedts

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#4) On October 04, 2008 at 10:22 AM, fransgeraedts (99.92) wrote:

Dear langerhans,

 

just letting you know that i am an avid reader of both blogs and pitches!

I saw that you stopped writing pitches. I would find it very sad if you did that because you thought nobody read them. I visit your page regularly and read them all. Your my inhouse caps biotech guru  -so if its possible do please keep on writing them.

 

fransgeraedts

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