Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: stevenallen who wrote (42989)	6/26/2003 12:47:20 PM
From: tuck	of 57110

Actually, I just took profits on my MLNM trade. Shorted GNTA, with the intention of covering by the end of the week. They started trials that they said a month ago they were going to start. So what? That's worth a dollar to $12.50 stock? I think not. Nice to know they and their partners are burning cash. They already got a little play at ASCO for their first batch of Genasense trials, and their NDA filing is month or two away. Will reenter MLNM on a pullback under $15, with intention of holding for the partnership this time -- hoping to do that tomorrow. Doing all this because I think we may be at the HOD (anyone see resistance for S&P at 984?). Cheers, Tuck

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