Pipex Pharmaceutals (pp)

[sealatte]

hey came across this one on my radar.
moved up already with Stage III trial of MS drug.
its new stock that is little over yr old.
Hi=$30 low=$3

like the charts and i think it will move up...
got my order in at $6.45 today.. for 1K shares.

will ride out for quick short term gain of 10-20%..

any comments on them??

thx

sea

[Thierry Martin]

1579

[sealatte]

its up another .20 cents today...
moving up slowly.. very nice..

sea

[sealatte]

great article from Business week..
they have potential with one of their drugs already in Stage III
and ready for sale in 2008...
this could be double bagger in few months to come..
stock moving up

sea...


A Promising Pipeline At Pipex

On THe Way Back UpLittle-known Pipex Pharmaceuticals (PP ) may have a stable of winners in the making. Its lead drug Coprexa, which has completed two Phase III trials, has an "orphan drug" designation (for rare ailments) to treat neurologic Wilson's disease, a genetic metabolic disorder. Coprexa is set to be on the market by mid-2008, says Laurence Bleicher of Noble Financial. "This oral drug is already worth more than what Pipex' stock is selling for," he says. That comes on top of two other applications for Coprexa that Bleicher sees as big winners. One is a further oral formulation called Trimesta, for women with multiple sclerosis. It has completed Phase I/II trials, funded by a $5 million grant from the National Multiple Sclerosis Society and National Institutes of Health. Pipex is also developing Coprexa for idiopathic pulmonary fibrosis, which finished Phase I/II trials as well. High levels of copper result in such conditions, says Bleicher. Steven Winters, president of Gemini Strategies, which owns shares, says Pipex' drugs aimed at major markets are attracting investors. He sees the stock, now at 5.35, doubling in a year.

[sealatte]

holding good here around $7-7.10 base..
got few more shares today.
moved some money from COR to Pipex.

just wait and see game here..

sea

[sealatte]

also, the CEO purchased about 182K shares in last 3 months from May to current
so he invested about $2M into the company. He purchased the shares at market values from $5-$7.25
I think Pipex will move up nicely once the market settle downs from down side the last few days. It still holding well just around $7.

sea

[AJLightning]

hhhmmmm?

on the watchlist....:D

[sealatte]

got it some shares at $6.80 today before move.
i like the this quiet stock.. hasnt attracted people to it yet..
Checked yahoo and it shows float of 5M shares, which good size for price to move up quick on very good news in near future.

sea

[sealatte]

moving up under quiet radar...
good chance it will close above $8 by end of the week.
low vol. keep an eye on this one...

sea

[cnelson]

Looks like some major profit taking today. I might jump in if this continues to dive down below 7.

[sealatte]

yah it looks like it.
MM pushed this one up to $8 and bamm drop it down to $7.16,
nice profit taking..
looks like we might close around $7.40-$7.50 mark...

i also notice this one has nice spread. might be due to small $5M float and actual # of shares available for trading. I see some big spread swings when the price moves.

Like today...

goo luck, hope u get some shares in at discount price.

sea