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post Posted: Jul 16 2009, 01:54 PM
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In Reply To: itm54's post @ Jul 16 2009, 11:51 AM

Oh itm54, you are good at hitting on the "Soft spot" the reappointment of Choco
continues the pain, just when it finally disappeared with the selling of Arana..

Irrespective life goes on, however, this is the most interesting part of your post:

"Good luck to all you guys. Good trading (& if you fall in love with anything, make sure its not a stock!)."

I certainly need to put this statement, where it belongs.

I can assure you what I fell in love with and married (Still with the same one) has cost me
a lot more then Peptide Technology/Peptech and Arana ever did. (Hope she's not looking
over my shoulder)

itm54 as a married man from a similar era...What are your thoughts??

post Posted: Jul 16 2009, 12:22 PM
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In Reply To: itm54's post @ Jul 16 2009, 11:51 AM

Have to say I learnt a lesson about stop loss too. Although I have never lost on a stock until this one but I became entranced then it caught me out as I got distracted elsewhere, so now I CAN say I've had both a vexatious stock AND a vexatious partner. I'm probably not alone there either!!

Still, I have'nt really lost on Peppy as over my previous trades on it I am ahead, not by a lot mind you.

But I did try to put up a fight as it gets up my thingy that a board can get away with such behaviour and then the system hangs the little people on a take over, despite Howard and others encouraging 'mum and dad' investors to get in to it - without protecting them. If anything making the laws eaier for just this sort of action where the littlies get smashed to bits... On Ya Johnny!!
OK OK, I'll get off my soapbox, although the air is lot cleaner up here.

Can't complain though, in the end I made I my own decisions.

post Posted: Jul 16 2009, 11:51 AM
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In Reply To: theadder's post @ Jul 16 2009, 11:26 AM

Oh Adder, pain seems to follow you. Choco reappointed, another 2 years of pain lol!

Hopefully you (& everyone else on this board) are too old to fall in love with a stock again, no matter how attractive it looks initially. Cutting your ties with a vexatious stock is really therapeutic, trust me - I imagine its the same as cutting ties with a vexatious partner, but fortunately I haven't had to do that.

I buried Peppy in the Jungle some years ago (remember him ?, he got strangled in Bollinger Bands whilst swinging through the jungle), had a great wake with lots of Bollinger, I was sad at the time but I've moved on, a good thing. I've tried to instill the discipline of the stop loss (a trader's greatest weapon), getting better but still fighting against my human nature on that.

For anyone wanting to continue torturing themselves, there always will be lots of dog stocks out there, that promise the world, so you can latch on to any number of those.

I remember the halcyon days of Peppy, & some of the great posters, too many to count, Adder of course & Jaytee, Bryce, Wolverine, Gasman the Red Baron, Nightshifter (go have a few stiff drinks together), & even our NZ friend (Gerry Stolwyk ?). And of course the greatest of them all, the Big O.

Good luck to all you guys. Good trading (& if you fall in love with anything, make sure its not a stock!).

post Posted: Jul 16 2009, 11:26 AM
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In Reply To: nightshifter's post @ Jul 16 2009, 04:37 AM

hi nightshifter, Oh! so painful, however, the suffering is over.. angry.gif

Now life begins again biggrin.gif a new life a new meeting place is now needed
for the faithful from here.

No more SPECCIES, well life would be dull without them...

Where will we meet now???

At what site would you feel safe...let me know and I will catch up there.

post Posted: Jul 16 2009, 04:37 AM
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In Reply To: theadder's post @ Jul 10 2009, 12:25 PM

Im Soooo happy this never ending pain has gone away... Dead and buried once and for all.....
Id like to take this opportunity to say hi to the long termers Andy, Ed and Bryce...
We've been in it for a loooong time .. Nice to have this one finish I say..
Its been a night mare for me... and Im glad its finished... 10 years of hell....

Yes .. Im soooo happy and guess what..I'll NEVER buy another spec stock again... Its just not worth it..

Mike S

Nothing is as certain as uncertainty
post Posted: Jul 10 2009, 12:25 PM
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In Reply To: wolverine's post @ Jul 10 2009, 12:17 PM

hi wolv, it certainly gives one "Food for Thought"... sadsmiley02.gif


post Posted: Jul 10 2009, 12:17 PM
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In Reply To: theadder's post @ Jul 10 2009, 11:54 AM

oh dear...


post Posted: Jul 10 2009, 11:54 AM
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J&J wins record setting $1.6B in patent case against Abbott

7/9/2009 1:34 PMBy Marilyn Tennissen

A unit of Johnson & Johnson recently won what some experts are saying is the biggest award for patent infringement ever issued by a jury.

A federal jury in Marshall awarded $1.6 billion to the Centocor Ortho Biotech division of Johnson & Johnson on June 29 over a patent dispute with Abbott Laboratories.

The jury determined that Abbott had infringed a Centocor patent in the making of its arthritis drug Humira. Bloomberg called the $1.16 billion in lost profits and $504,128,000 in reasonable royalties the "largest patent verdict in U.S. history."

At issue was U.S. Patent No. 7,070,775 for a Recombinant A2-Specific TNF Specific Antibodies issued July 4, 2006. The technology was developed by New York University and Centocor and assigned to Centocor as exclusive licensee.

The '775 Patent covers the use of antibodies and antibody fragments that bind Tumor Necrosis Factor in the therapy of a number of conditions such as rheumatoid arthritis.

In a suit filed April 16, 2007, in the Marshall Division of the Eastern District of Texas, Centocor alleged Abbott's medication Humira, a monoclonal antibody that binds the TNF protein, infringes the '775 Patent.

A trial began June 22 in Marshall, with U.S. District Judge T. John Ward presiding. Centocor asked the jury to award $2.1 billion in royalties and lost profit.

Jurors deliberated about five hours on June 29. It answered that Centocor proved by a preponderance of evidence that Abbott infringed claims of the '775 Patent and that the company proved by clear and convincing evidence that Abbott's infringement was willful.

Abbott had argued that Humira was completely different from Centocor's product Remicade, and also contended that the '775 Patent did not cover the specific antibodies that are used in Humira.

Furthermore, Abbott said the patent was invalid because scientists were not even able to create the antibodies against TNF in a laboratory in 1994, which was established by the court as the date of the invention covered by the '775 Patent.

Attorneys for plaintiff Centocor include Dick Sayles, Dianne Elderkin, Barbara Mullin and Steven Maslowski.

Defense attorneys for Abbott included David Beck, William Lee, Gil Gillam, Amy Wigmore and Bill McElwain.

J&J has said it isn't seeking to block sales of the drug, only to get a share of the sales, Bloomberg reported.

According to Bloomberg data, the previous record for a patent verdict was a 2007 decision in which a federal jury told Microsoft Corp. to pay $1.52 billion over a patent owned by Alcatel-Lucent SA. A judge later threw out the verdict, and an appeals court upheld that decision.

Centocor Inc. vs. Abbott Laboratories, Case No. 2:07-cv-139-TJW

Said 'Thanks' for this post: wolverine  
post Posted: Jul 4 2009, 08:38 PM
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What was the real mission of his appearance and why did he suddenly disappeared?

post Posted: Jul 2 2009, 08:02 PM
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In Reply To: inflamed's post @ Jun 29 2009, 04:36 PM

Woe, Charlie Chaplin is reincarnating in Progen!!


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