Welcome!

News Feed Item

EmergingGrowth.com Reports on Star Scientific, Most Opinions cost More

MIAMI, Florida, January 11, 2013 /PRNewswire/ --

EmergingGrowth.com, a leading digital financial media company, Reports on Star Scientific.  Discussion also includes Phillip Morris, Altria, Reynolds American, and Lorillard.  

Feature your company on EmergingGrowth.com.  Visit EmergingGrowth.com to find out how.  

Star Scientific (NASDAQ: STSI) has a market cap of $444 million and is involved in the manufacture, distribution, and sale of consumer products, dietary supplements, and dissolvable tobacco. The company has a bunch of mega-cap competitors with Philip Morris (NYSE: PM) (market cap $144bln), Altria (NYSE: MO) ($65bln), Reynolds American (NYSE: RAI) ($24bln) and Lorillard (NYSE: LO) ($15.26bln). Star Scientific announced a couple of months back that it was getting out of the smokeless tobacco business and focusing instead on hawking dietary supplements. The stock dropped to a 52-week low in November of $1.56, but has seen a significant rise and is currently trading at $2.65 (52-week range is $1.56 - $5.05). This coincidentally matches the same time when institutional funds began completing 13F filings. In the latest filing, net institutional purchases totaled approximately 13 million shares. This represents roughly 9.3% of the company's current float of 140 million shares. On December 14th the stock had a short Interest of 29.5 million, close to an all-time high and representing about 18% of the 165.8 million shares outstanding.

The stock has seen a plethora of institutional buying and a fast appreciation in price from November's low. In the past, much of the company's performance was based on its success winning lawsuits against the major tobacco companies for product infringement. Now, there are other catalysts expected to drive the stock within the next few weeks. In the near future there is going to be a release of the Johns Hopkins Third Party CRO results testing humans for its Thyroid treatment using Star Scientific's Anatabloc Technology. Of greatest importance of course is if the Thyroid results are positive, as this will be the first time an autoimmune disease has been put into remission. If Star's Anatabloc Technology can treat or cure one autoimmune disease, in this case "Hashimoto" Thyroiditis, then there is no reason to think it cannot help cure other autoimmune diseases such as Diabetes, Rosacea and Alzheimer's.

Clearly this is not just a catalyst but also a ground-breaking event as the possibilities of the technology are endless and can significantly advance the medical industry against these aforementioned diseases. The Thyroid research has been done by the Johns Hopkins University School of Medicine, one of the most preeminent medical institutions in the world, under the lead of Paul Ladenson, Hopkins Chief Endocrinologist.  It is widely believed that Dr. Ladenson will use of Anatabloc in Thyroid treatment and that Hopkins will continue to test this technology, and its efficacy on at least two or three diseases other than Thyroid.

If the technology is a success, sales of Star's consumer product Anatabloc will rise significantly and have immediate effects on the company's bottom line in the upcoming quarters. With any company that is experimenting with new technology and treatments there is some risk, however, the upside potential is tremendous considering that the stock trades at $2.65. Most options are more expensive than picking up some shares of STSI, which has the potential to revolutionize the industry.

About EmergingGrowth.com

By offering 100% original and unmatched content by the best financial reporters, writers and bloggers in the business, EmergingGrowth.com is emerging as a leading digital financial media portal. Its services provide users, subscribers and advertisers with a variety of content and tools through a range of online, social media, mobile and other mobile outlets.

Since its inception, EmergingGrowth.com has distinguished itself from other financial media companies with its sly approach to reading between the lines in order to locate that needle in the haystack.  Sign up today to see what EmergingGrowth.com has to offer.

NEW:  Feature your company on EmergingGrowth.com.  Find out how by filling out our form at http://emerginggrowth.com/recommend-a-company-to-feature-on-emerging-growth


Disclosure

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. In addition, Please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website. Always remember that investing in securities such as the ones listed within are for high-risk tolerant individuals only and not the general public. Whether you are an experienced investor or not, you should always consult with a stockbroker, financial advisor, or similar before purchasing or selling any securities viewed on any emails sent from EmergingGrowth.com or its website.

Join our Linked in Group
Like us on Facebook

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
"I'm here to leverage my secret sauce, which is using outsourced development and the company that I utilize is delaPlex Software and they've basically allowed me to win Fortune 500 companies," noted Justin Witz, CTO of FRA and PlanTools, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are an IT services solution provider and we sell software to support those solutions. Our focus and key areas are around security, enterprise monitoring, and continuous delivery optimization," noted John Balsavage, President of A&I Solutions, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained Michael Fuhrman, Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.