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Hello Readers,
Since the last issue we closed one position for a pretty bad loss.
V.I. Technologies (11/20/03). Closed position 3/16/05 at $5.25 for a 78% LOSS.
If you are a recent subscriber, this is not what you care to see in the opening paragraph of this Newsletter. However, in our defense, it is rare when a stock implodes this badly on us. V.I. Technologies, or VITX, seemed to do everything that most shareholders abhor. The recent 1 for 10 reverse stock split was the final nail for us as we close VITX for a 78% loss, and, yes, we will soon be placing it on the Track Record page.