Jiesen tries to take over the world

[jiesen]

Mr. Jayy-yyy, I'm looking at HTI todayyyy-yyy. What do I have to do around here to get the recs.

Mad props to you, Park! I did notice your HTI up 10% or so in a day, and am sure kicking myself for wasting my time in pinkyland while a real pick like this one goes whizzing by yet again...

damn, when am I going to learn?

[billyjoe]

Jiesen,
I don't know if you're familiar with Beckman Coulter. My wife's hospital lab just bought a piece of diagnostic equipment from them for 1 million dollars and B/C got the lab a bucket of KFC . I told her it should have been worth at least 2 buckets.

------------billyjoe

Mr. Jayy-yyy, I'm looking at HTI todayyyy-yyy. What do I have to do around here to get the recs.

[jiesen]

Mr Jiesen, since you work in the bio-pharm sector, could you take a look at this week's news re: HTI (another San Diego-based company) and give us your opinion.

http://biz.yahoo.com/prnews/061205/nytu166.html?.v=69

My opinion: FANTASTIC!

This is a great deal for HTI. They're getting between 20M and 100M from Roche to develop their delivery technology (and possibly a whole lot more, if it actually works), as well as a 5% equity purchase. This gives them an enormous benefit in having that partner to back them up along the way. Of course a lot of that is reflected in the jump in price from $2 to $6, but the price is still climbing, and it may be worth a stab at riding it up to the next level (8 or 10?). I don't think I'd put any long-term investment in HTI just based on this PR, but definitely wish I'd heard about this earlier, like Wednesday... I still might look at this as a potential play for next week. Thanks for bringing it to my attention, Park!

The company itself seems a bit on the light side- just 37 people according to Yahoo... I bet that's changed or will change shortly with the new money coming in. For a 40 person company there do seem to be quite a few of them making some decent pocket change (at least 4 at 200k+ listed):

http://finance.yahoo.com/q/pr?s=HTI

But at least they appear to be financially sound, only losing a couple million or so each quarter in cash, with about $20M left in the bank. As long as they keep the stock price up, they should be able to keep the lights on for a long time- and the Roche deal should be just the ticket for them.

HTI news

Mr Jiesen, since you work in the bio-pharm sector, could you take a look at this week's news re: HTI (another San Diego-based company) and give us your opinion.

http://biz.yahoo.com/prnews/061205/nytu166.html?.v=69

[Websman]

ouch, sorry to hear this.

I have one OTCBB that I like to cheer for: UCPJ I try to keep OTCBB and Pinksheet listings out of my portfolio.

AMLN looks good today. Maybe we'll get a nice bottom right here...

One of these days, you will rule the world. Probably the same day you stop buying pinky's

I'm still holding my UCPJ shares...jejeje

Go UCPJ!!!

[peanuts]

that was stupid after all, but I'm gonna make it all back by buying another 1% today at 0.057 on a 5M share buyback announcement. just you watch. After this I'm swearing off the pinks forever... (yeah right)

ouch, sorry to hear this.

I have one OTCBB that I like to cheer for: UCPJ I try to keep OTCBB and Pinksheet listings out of my portfolio.

AMLN looks good today. Maybe we'll get a nice bottom right here...

One of these days, you will rule the world. Probably the same day you stop buying pinky's

[jiesen]

bought 1% GFCI at 0.057 (when will I learn?!)

call me stupid but I took a 1% position again in GFCI at .21

that was stupid after all, but I'm gonna make it all back by buying another 1% today at 0.057 on a 5M share buyback announcement. just you watch. After this I'm swearing off the pinks forever... (yeah right)

[jiesen]

Thanks, Billyjoe. I will try not to get lost in the crowd... but it is definitely a more secure job than my previous one. Benefits are excellent as well. I would expect the stock to double within 4-5 years. If this happens, the options they have given me would be worth around 50% of my portfolio as it stands now. GPRO got dinged on the last earnings report for giving out too many options... I don't care, though, as I'm on the receiving end of it! Besides, lots of options (plus rising stock price) = happy employees.

[billyjoe]

Jiesen,
GPRO is sure bigger than LJPC. Don't get lost in the crowd. I see GPRO is rated an excellent place to work and their stock looks good too. Good luck in the new job.

-----------billyjoe

[jiesen]

Ljpc

Just started my second week at the new job today (I now work for Gen-Probe) and have deposited my last shares of LJPC bought through the employee program- bringing my total exposure to LJPC to about 20%. I think this is the last purchase I'll be making for a while of LJPC. Of course, I will be buying stock (and receiving options) in my new employer now, and so I should get a better balance in my portfolio eventually, and not need to sell any stock to do it. I still think LJPC will be a 10-bagger eventually, just a matter of whether it gets to $1 or $30 first in the next 3 years. It'll depend totally on the results of the ongoing trial though, which breaks down like this: (this is great, I finally get to talk about my ex-employer)

http://biz.yahoo.com/prnews/061106/lam053.html?.v=69

82 patients enrolled so far
27 were enrolled about a month ago
65 sites operating (enrolling patients)

At this rate (about 45-50 patients/month) it would take 10-11 months to get the remaining ~500 patients enrolled, but by increasing the # of sites to 120, they should shorten this to 6-8 months, depending on how fast they can do that. Since the trial ends one year after the last patient is in, that means 18-20 months until completion, and maybe another 3-6 months before results are known.

Two things have to happen in order for this stock to take off:
1) the trial has to run to completion- this means they will need to raise money next year (significant dilution here)
2) the results must be good

I put #1 as a better than 50/50 bet, and #2 (assuming #1) about a 50/50. So that's a better than 25% chance of a big payoff. Of course, there's a good chance of failure, too, and if #1 or #2 don't work out, the stock will be toast. So if you have a few bucks you want to throw on a risky biotech for 2+ years, this could be a fun long-term play for you.

Milestones to look for:
1) Funds raised for remainder of trial (needs to be within 1 year)
2) Trial completed (should be within 2 years)
3) FDA approval (could be in about 4 years)

[jiesen]

Gpro

I will most likely be making a significant investment in GPRO next week... stay tuned for details (but please comment on this, I want to hear your opinions):

http://finance.yahoo.com/q/bc?s=GPRO&t=5y&l=on&z=m&q=l&c=

[jiesen]

Thanks, Webs! It's good to be back, though I am wishing I could still be on vacation.... it was really nice not to have to think about work for so long.

[Websman]

well, I'm back at work... sucks with the jet lag, but I did notice the market is floating into the sky. So I further reduced my market exposure here, by selling off about a 1.5% position in an equity fund.

Mushi mushi!
Welcome back to the USA Grasshopper!

[jiesen]

sold a 1.5% mutual fund position

well, I'm back at work... sucks with the jet lag, but I did notice the market is floating into the sky. So I further reduced my market exposure here, by selling off about a 1.5% position in an equity fund.