We wanted take a look at CIGX this morning. This is a Nasdaq play that we have discussed in the distant past. In the past, we have witnessed some stellar gains; one of our subscribers even bought himself a house with his windfall profits from CIGX. As we were browsing our records, we took notice of the recent activity, and felt it was high time to re-open the discussion on this stock.
We noticed a significant drop-off that had recently occurred for CIGX, and believe this should be filed under the “rebound play” category.
The company also had a new PR out this morning.
Aug 31, 2011 (AsiaPulse via COMTEX)
Star Scientific Launches Anatabloc(TM) Dietary Supplement
GLEN ALLEN, Va., Aug. 31, 2011 /PRNewswire-AsiaNet/ –
Star Scientific, Inc. (NASDAQ: CIGX) has announced that the company is pleased to initiate the launch today of Anatabloc(TM), a dietary supplement that is designed to support the immune system in maintaining healthy levels of inflammation.
Anatabloc(TM), developed by the company’s Rock Creek Pharmaceuticals subsidiary, is being launched via a dedicated website (http://www.anatabloc.com) where the product can be purchased. The product also can be purchased through a toll-free customer center (1-800-778-2031).