Tuesday, February 12, 2008

Chris Westphal Comments on Stock Price

At the BIO CEO & Investor conference today, Chris Westphal commented on the stock price action of SIRT since the IPO. He mentioned how the stock rallied strongly after the IPO and corrected down significantly after the 6 month lock-up expired and venture capitalists sold off 20% of the market capitalization over the last six weeks. Of most interest to the Sirtuin Investor was his comment regarding SIRT's stock price... "...has corrected down significantly. We view this as a buying opportunity for the company."

I'm glad to hear Dr. Westphal say this and I expect that he and other top SIRT employees will refrain from any further insider sells, 105b-1 plan or not, for the forseeable future as discussed in previous blog entry dated January 31st.

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