Was just curious because I know a Doctor who came up with a way to grow new blood vessels and the company he went to couldn't get any funding money. What's odd is that whoever invested in it would have made at least 10 times their money on the outcome.
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Originally posted by BettorsChat View PostWas just curious because I know a Doctor who came up with a way to grow new blood vessels and the company he went to couldn't get any funding money. What's odd is that whoever invested in it would have made at least 10 times their money on the outcome.
I would love to have bought Microsoft when it was a fledgling/unproven company selling for pennies and kept it all of these years.
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Originally posted by savage1 View PostThat's the way it is sometimes with these stocks.
I would love to have bought Microsoft when it was a fledgling/unproven company selling for pennies and kept it all of these years.
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Originally posted by BettorsChat View PostSavage this isn't a stock that I'm talking about. It's a procedure to grow new blood vessels that works. Yet the company he went to couldn't find anyone to invest. I think there was some outside pressure from Drug manufacturers though as they want everyone to take a pill vs. being healed.Last edited by savage1; 09-18-2010, 02:24 AM.
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Originally posted by savage1 View PostI understand that, but the same principle applies-namely (and all gamblers know this in many things in life in one form or another and tbis includes sports gambling)-you have to risk something to make something and even more so if the odds are good.
Just pisses me off, because I'm pretty sure the drug companies didn't want it and applied some pressure or passed some cash. This method cures people vs. taking medicine for the rest of their lives.
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Originally posted by BettorsChat View PostThe odds on this were great because the Doctor was growing new blood vessels. Someone could have made hundreds of millions in profits or quite possibly billions, but they couldn't get anyone to cough up the money to take it to the trial phases. I think it starts at Phase 0 then goes through to phase 5 with each phase getting more and more participants. At one of those phases I think 3 or 4 it's FDA approved.
Just pisses me off, because I'm pretty sure the drug companies didn't want it and applied some pressure or passed some cash. This method cures people vs. taking medicine for the rest of their lives.
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