Intra-Cellular Therapies (“ITCI”) Stock Soars While Key Clinical Data Not Presented to Shareholders Looks Highly Disappointing

(July 15th, 2015) Biotech stocks have been on fire. And for good reason as numerous life-saving discoveries have come out of small, previously-unknown firms, making their owners rich many times over. But beneath the surface, a number of troubling drug development companies have caught the attention of investors with clinical data that’s dubious at best. With seemingly endless amounts of optimism, these biotech stocks have ridden the wave of investor enthusiam even when the data doesn’t look as promising as the market caps seem to indicate.

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All You Ever Wanted to Know About Retrophin But Were Afraid to Ask

(June 2nd, 2014) Humans, like atoms, abhor unsteady states of existence. Just like electron transport gravitates towards a steady-state, people gravitate towards peaceful lands and away from battleground areas. Read more

Know What to Buy When Putin Comes Knocking

So Putin rolls a bunch of tanks up to the Ukrainian border and the market slides a percent or so. In any other market that would be considered a yawn. But here in the good ‘ol US of A, where the average active investor can barely remember the dog days of ’08, few traders seem to have the skill set necessary to maneuver in a down market. Having done this for 20+ years, I thought it would be helpful to share my trading tips for when war comes knocking.
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Little Bear Investments LLC Announces the Acquisition of Substantially all of divine, inc.’s Venture Portfolio

Friday May 16, 2003, 9:45 am ET

NEW YORK, May 15 /Businesswire/ — Little Bear Investments LLC (“Little Bear”, or the “Firm”) announced today that it has completed the purchase of substantially all of divine, inc.’s (“divine”) (DVINQ.PK) portfolio of venture investments.

Pursuant to a bankruptcy court order issued in the Eastern District of Massachusetts dated May 12th, 2003, Little Bear purchased the assets under section 363 of the Federal Bankruptcy Code, which transfers the assets to the buyer “free and clear of all liens, claims and encumbrances”.

As part of the transaction, Little Bear also acquired from divine the Viant Ventures (a/k/a Viant Securities Corp.) portfolio, as well as the remaining holdings of Emicom, a former Israeli-based venture capital firm.

The purchased assets include equity interests in over 18 companies including: Mercantec, which owns the “Softcart” e-commerce package, Mindwrap, a software company creating enterprise solutions for document management and workflow systems, Expand Networks, inventors of “Accelerator”, a device which optimizes WAN performance by increasing capacity up to 400%, FuelQuest, which develops and hosts web-based supply chain management and tax automation technologies, and ComScore, owners of MediaMetrix, the web’s premier traffic measurement service.

Zachary Prensky, managing member of the Firm, commented that : “We are pleased to have purchased assets from a portfolio in which over $100,000,000 has been invested to date. Even with the steep decline in valuations for technology-based companies, we feel there remains significant value in the equity we purchased, and we hope to work closely in the coming months with management of the various portfolio companies to bring that value out.”

Little Bear is a merchant bank specializing in deploying capital into undervalued and/or distressed situations. To date, Little Bear has made investments in companies large and small with an eye towards maximizing value through active shareholder participation. The Firm also provides financial advisory services to businesses seeking to increase shareholder value, either through operational improvement, acquisition or re-capitalization.

Little Bear remains an active buyer of distressed asset portfolios. If you have any questions regarding this press release, please contact Mr. Prensky at

” Concentration is my motto – first honesty, then industry, then concentration. ” Andrew Carnegie