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$0.58 -0.12 (-17.14%)
11/21/2008 11:45 AM

La Jolla Pharmaceutical Company (LJPC)

CAPS Rating:
****

A biopharmaceutical company dedicated to improving and preserving human life by developing innovative pharmaceutical products.

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Avatar zzlangerhans (99.39) Submitted: 7/05/07 2:56 AM : Underperform Start Price: $4.45 LJPC Score: 38.64

The clock is ticking on Riquent which will fail this phase III as it did in previous trials. This is a classic example of a company clinging to a single doomed product in order to extend the careers of the board and top management. I expect "shock and disappointment" when the negative interim results are released in 2008.

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Avatar zzlangerhans (99.39) Submitted: 10/17/08 1:30 PM

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Riquent and La Jolla will die in 2009, but I don't feel like waiting. If the market pops up by then then I'll be leaving points on the table, but I think we could be looking at a long period of stagnation. I'm picking a nice up day, over 40 points on the red thumb. Point made.

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