Member Info for colbaltblue

It could be that the MM's have acquired the shares and have inflated the price to make make some trading profit. They have done tricks with Alizyme before. I just can't see why the price would rise when there is off-loading by Institutions and no good news. You also have to remember that we are talking about pathetic levels of movement of a 1p rise!! This is a share that was trading at £2+ a while back. Tim Mccarthy as CEO has been an unmitigated disaster for the company and he was paid circa £365000 last year for bringing Alizyme to its knees. He was too bullish and is now in denial. Just listen to his webcasts, especially the last one. The Company is worth about £15m at the moment so wouldn't it be cheaper for a predator to make a bid rather than pay for Cetilistat. Why hasn't that happened? I need 84p to recover my losses so I really want Alizyme to succeed. We will have to see what happens next week. If trading volumes are good combined with a steady rise, I shall be happy but I suspect we will see a retreat in the absence of positive news.

The Institutions are selling at 7/9p.Why? Must be bad news so it looks as if it's all over for Alizyme.

It is highly unlikely that Norgine were unaware of todays results when the licence was granted as reported 27 June 2008.The probability is that Norgine want COLAL - PRED as an additional late stage product to complement and strengthen their portfolio. Major Pharma's don't hand over EUR 2.0 mill unless they are confident in the product. Colal has not failed it is just another product in the armoury of drugs to fight UC. We will have to see if the plug is pulled on the US trials that are being funded by Prometheus Labs under a licence granted last year. Read the RNS for June 2008 for details of the licence with Norgine..Alizyme has been vastly oversold because sentiment in the company is very very poor and the market is giving no truck. The company is funded until 2010, has Institutional backing, is not owned and funded by founder directors, has 2 more products including the biggy Ceti and is not in receivership. Probable bounce tomorrow then who knows!

Why don't you look at the BB on Interactive Investor? We have a lively forum on there about Alizyme with quite a wide range of opinion. I'm a long term holder just gritting my teeth at the moment!