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IBDvalueinvestin (99.63)

Lottery Ticket with Highest Chance of Winning !

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September 07, 2013 – Comments (2) | RELATED TICKERS: XLV , VHT , RMTI

It amazes me to no end how people combine to throw billions upon billions of dollars into lottery tickets each year in which they have a higher chance of getting hit by lightening than winning the lottery.

Alternative Lottery:  Biotechs Prior to FDA approval.

This is Wall Street's Lottery.

 

Who is this Fall's Wall Street Lottery buy? Rockwell Medical 

 

Rockwell's lead drug candidate is called Soluble Ferric Pyrophosphate (SFP) and its in the final lap prior to FDA approval. It has been called a Game Changer drug for dialysis centers which stand to save Billions of dollars once (SFP) is FDA approved.

See Link

 

The 2 year chart also shows Rockwell Medical forming the cup and handle chart with the handle firmly at $11/shr and any move above this would be considered a breakout of its chart pattern and possible moves towards that $25 PT by one analyst.

People are throwing away billions upon billions of dollars a year at lottery tickets in the USA alone with just about a zero chance of winning. If these same people would instead use this money to invest in (RMTI) or similar phase III biotechs they would dramatically increase their chancees of winning while also helping society with new drugs.

The future is looking very bright for Rockwell Medical based on the latest information of the Phase III data for Rockwell Medical (SFP) drug candidate:   SFP successfully demonstrated it can safely & effectively deliver sufficient iron to the bone marrow & maintain hemoglobin, without increasing iron stores (ferritin).

This is being called a Game Changer for dialysis centers.

2 Comments – Post Your Own

#1) On September 07, 2013 at 1:40 PM, awallejr (82.88) wrote:

I like the pitch.  Also seems short interest is kind of high for a small stock float.  33.42M float with 5.88M short.

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#2) On September 29, 2013 at 6:37 PM, awallejr (82.88) wrote:

As of 9/13 short interest reported at 6.56 million now.  Nice run up for the stock too.  I took my profits off it.  Good call.

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