so, what do you ll investors think of PTN, will that sucker go up or what?

Answer 1

Palatin Technologies, revenues static, loses large but a little bit smaller than last year. There are some really good stuff that they are working on--but the same stuff that some really, really big companies are working on. That isn't to say that they can't find something great and get bought out, but why would they bother if the big boys have more discretionary money to throw at the same things than the whole company is worth.

Another thing that worries me, the insiders hold a negligible amount of the stock. Remember the old adages: Success has many fathers, but failure is an orphan. I get the idea that this baby is either up for adoption, or primed for an abortion. Sorry, but only spend small change on this one, and certainly don't bet the farm, okay?