Made the leap!

Today marks the beginning of my leap into the stock market! Decided to finally jump in and purchase my first stock: PRW.

Pro-Pharmaceuticals Inc.
189 Wells Avenue
Newton, MA 02459
Site: http://www.pro-pharmaceuticals.com/

Pro-Pharmaceuticals, Inc., a development stage company, engages in the discovery and development of carbohydrate-based therapeutic compounds. The company focuses on the target delivery of chemotherapy drugs for the treatment of cancer. Its lead product candidate, DAVANAT, is in Phase II clinical trial for the first-line treatment of cancer of the bile duct. DAVANAT is a proprietary carbohydrate (polysaccharide) polymer comprised of mannose and galactose carbohydrates in a CARBOSOME formation. The company also conducts preclinical studies with DAVANAT in combination with other chemotherapies, including irinotecan, doxorubicin, paclitaxel, oxaliplatin, cisplatin, and bevacizumab. It has a Research Collaboration with Mount Sinai School of Medicine to evaluate the anti-fibrotic effects of carbohydrate compounds. Pro-Pharmaceuticals was founded in 2000 and is based in Newton, Massachusetts.

First found this stock in the MSN Stock Screener on 2/20/06 and on that day it closed at 1.06. Purchased today at 1.1699, 300 shares. Of course, the market as a whole decided to bomb today but how was I to know? It will bounce back though. So I am officially a "player" in the market! Whoo hoooooo!

For a little background on Moi, I am a gal, almost 40, who after some recent events decided to delve into the world of stock market investing. The "recent event" was a great friend coming to stay with us and telling us all about how he turned $5000 into $50,000 in a very short time. I'm no dummy and know this can be done and so I decided "if he can do it, so can I". Thus the beginning of my journey! I hope you will travel with me on my road to riches and perhaps someday down the road, someone might learn a thing or two from me as well!!