Well, who can say--but I am somewhat
reassured by what you say. Of course
it should be pointed out that Onyx
actually rose to $8 yesterday, before
declining in the last hour, on lightening
volume. Maybe the MM walked it down for
some reason.
I have to say, I was tempted to sell
up there near $10 when I had the chance
last week, since my cost is around $6,
but I really did think that cat was
out of the bag on this one--and that
going into ASCO meeting, folks would
like to hold it, rather than give up
their shares.
If the thing continues to sag, I will
be very confused. Of course, it should
be pointed out, that based on McCamant
freebie newsletter from his MSTL site,
ONXX is a buy under $8--could that imply
to some folks that Onyx is a sell over eight,
that would be crazy talk.
Here is the url to issue 363, the freebie
I mentioned.
bioinvest.com
It is a little stale, for instance GMED was merged
with MBIO. Several of the stocks I own are McCamant
picks--very generous of him to have the freebie's
on his site. If I make some money, I may even have
to subscribe! Where his picks overlap with the
biotech guys here on SI, there must be some very
good ideas.
Well, whatever happens today, I'll be sleeping
through it. Last in the current set of graveyard
shifts...then rejoining the real world for a
few days starting tommorrow. Goodnite.
-Mike |
