Player Avatar TSIF (99.96) Submitted: 8/27/2011 5:34:42 PM : Underperform Start Price: $2.13 RCPI Score: +6.01

Star Scientic, Inc has made multiple run-ups over the years, and subsequent run downs. They have minimal income and rely on share issue when the price gets upward. The price has gone upward over their substitute cigarettes, but no sells developed to cover expenses. The next round was sueing various tobacco houses ,namely JR Renolds for patent infringement. On top of the court trials rumors that they had isolated chemical called Anatabine as a regulator of NF-kB's which can potentially affect Asthma, Crohns, Alzheimers, Parkinsons, Irritable Bowl Disease, Cancers, arthritis, thyroid disease etc. The focus has been on Alzheimers.

Friday the share price spiked 20% and then dropped in half as the interpretation from their patent royalty claims against Reynolds American Inc. (RAI) were squelched. I had a limit down set to kick-in above $3.50, but apparently the knee jerk was too short lived and I had to settle for kicking it in much lower.

I'm still confused that if investors think Star Scientific's patented cure for Alzheimers is worth Tens of Billions why they let a little thing like a patent infringement suit rattle them. Maybe the price will go back up again as bargain hunters root for the cure. More likely this round is over and the historical sub $1 norm is in range. Hard to tell when speculators are driving.

Featured Broker Partners