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Re: Karma! 

By: ribit in FFFT3 | Recommend this post (6)
Wed, 28 Jun 17 4:52 AM | 74 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 33741 of 65535
(This msg. is a reply to 33730 by clo)

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...he shoulda made his money the same way Pelosi did. Buy planes from the airforce and then lease em back to the airforce.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Karma!
By: clo
in FFFT3
Wed, 28 Jun 17 1:05 AM
Msg. 33730 of 65535

GOP Lawmaker Loses $17 Million After Favorite Pharma Stock Plunges
By Doni Bloomfield and Brandon Kochkodin
June 27, 2017, 12:42 PM EDT
Chris Collins is biggest shareholder in Australia’s Innate

Shares down 92% Tuesday after experimental drug didn’t work

Republican congressman Chris Collins’ hot biotechnology stock pick just went south.

Collins suffered a paper loss of A$22 million ($16.7 million) after Innate Immunotherapeutics Ltd. said a mid-stage trial of its experimental treatment for multiple sclerosis showed no effect in helping patients. The New York congressman is the biggest shareholder in the Australian drugmaker. After the data was reported Tuesday, the shares fell 92 percent in Sydney to less than 5 Australian cents.

Innate’s stock, sold in an initial public offering in December 2013, had gradually risen through 2016 before soaring early 2017 to peak at $1.77 on Jan. 25.

Collins’ office didn’t return a call seeking comment.

more:
http://www.bloomberg.com/news/articles/2017-06-27/gop-lawmaker-loses-17-million-as-favorite-pharma-stock-plunges


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