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goldminingXpert (29.58)

My RPRX Report Is Out Now... RRPX shares sliding

Recs

16

January 26, 2009 – Comments (12) | RELATED TICKERS: RPRX , SHO , RT

My Seekingalpha article on Repros Therapeutics (RPRX) was released yesterday, and the market is starting to sell the stock off this morning.

Here is the opening of the article:

“What's in a name? That which we call a rose, By any other word would smell as sweet.” -- William Shakespeare in Romeo and Juliet

Does an old discarded penny stock traded under a flashy new name smell sweeter to investors? Apparently so. Shares of Repros Therapeutics (RPRX) have risen sharply, more than doubling since September of last year. However, I wonder if many shareholders in Repros have forgotten, or maybe never learned, that Repros is the same corporation as the discredited and oft-sued Zonagen. In 2006, after numerous failures, Zonagen changed its name to Repros and hoped to shove two decades of failure under the rug"

Check out the full piece here, and if you are into shorting/buying options, join me in shorting RPRX.

 

12 Comments – Post Your Own

#1) On January 26, 2009 at 12:10 PM, Tastylunch (29.38) wrote:

Nice article GMX and a very compelling case

,didn't know you were on SA. Hopefully they don't mess around with your material like they did to EverydayInvestor and Mish Shedlock. They seem willing to edit negative articles on a whim over there without contacting the author.

 

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#2) On January 26, 2009 at 12:26 PM, gman444 (28.92) wrote:

Well done, GMX.    Thank you.

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#3) On January 26, 2009 at 12:53 PM, JakilaTheHun (99.93) wrote:

SeekingAlpha also likes playing around with titles - it's annoying.  You write an equity valuation piece and it gets turned into some ultra-bullish headline because you concluded that something was slightly undervalued. 

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#4) On January 26, 2009 at 12:58 PM, goldminingXpert (29.58) wrote:

My article got printed with the same title I sent, and only minor grammer edits.

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#5) On January 26, 2009 at 1:18 PM, tfirst (27.05) wrote:

I'm with you on this.....again. Hope to do as well this time also..thanx.

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#6) On January 27, 2009 at 8:43 AM, OldEnglish (28.24) wrote:

Thank you brother. I shorted this on Fools some time back. With your Seeking Alpha article it may be possible to punish Lappe and the rest of the (alleged) pump and dumpers.  I can only hope this story gets traction. It will force Lappe and the rest of the crew to sell their indirectly awarded shares before they reach their true book value: $-1.30 per share.

P.S. I'm shorting this today, 1/27/09. Beware all. These are master (alleged) con artists that may try a short squeeze with bogus "Successful trial" press releases. They've been pulling this (alleged) scam for 16 years. 

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#7) On January 27, 2009 at 11:47 AM, goldminingXpert (29.58) wrote:

Fully agree with your post Oldenglish. I bought puts rather than shorting directly because I simply don't know how much of the float they control, but if you have sufficient margin, eventually this stock will trade significantly lower.

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#8) On January 27, 2009 at 12:14 PM, kdakota630 (29.75) wrote:

GMX - Sorry to change the subject here, but regarding your Top Score comment on FAS (congrats, BTW), now that it's at $9.00, what do you think the odds are of it still popping to the $20 range before hitting $0?

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#9) On January 27, 2009 at 12:34 PM, goldminingXpert (29.58) wrote:

still relatively high... it'd take a 30% move in XLF over the course of a few days to get FAS to double, which would get it back in range of 20. I think the XLF has a big pop in it, though I have no position in FAS at the moment as it has been losing value so fast it may end up a penny stock before the big jump finally occurs. I got stopped out at 10.53 with my 100 shares and haven't touched it since.

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#10) On January 27, 2009 at 12:40 PM, kdakota630 (29.75) wrote:

Thanks for the quick reply.  I figured it would've popped by now with the TARP approval and Obama wanting to get at it so quickly, but now with all the talk of nationalizing the banks I'm not so sure.

I figure if FAS pops big, that's the time to buy some FAZ, but if talk has shifted to nationalizing the banks, I don't know what to think since they don't seem to have a definitive plan anymore.

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#11) On January 30, 2009 at 2:44 PM, jamasony2 (< 20) wrote:

Someone dumped a LOT of RPRX today, about 200k shares.  Maybe we'll get an SEC filing in a few days and see who (Efficacy Capital, perhaps?)

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#12) On February 09, 2009 at 12:22 PM, jamasony2 (< 20) wrote:

SEC filing now available:  All shares dumped by previously > 5% shareholder Franklin Resources Inc.

http://www.sec.gov/Archives/edgar/data/897075/000003877709000155/0000038777-09-000155-index.idea.htm   Report this comment

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