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Biotech / Medical : Biotransplant(BTRN)
BTRN 27.73+0.1%Dec 31 4:00 PM EST

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To: scaram(o)uche who wrote (227)3/3/1999 8:26:00 PM
From: JMarcus   of 1475
 
>Have you ridden this sucker down since that meeting in S.F.?<

I bought BTRN more recently. It was a profitable investment until this week. I saw yesterday morning as a buying opportunity, but it has gone further south since I added to my position. My average purchase price is just $2, so at $1 15/16 I'm not exactly overcome with angst.

Right after that Informed Investors Forum meeting in SF I did buy and ride down SUNP from $4-1/4 to $1, but I got gutsy and doubled down just before the recent rebound, so that one is currently a net winner for me. Scraping out a gain from a biotech with such a small market cap isn't easy, so I'm very proud of that accomplishment. I'm the heaviest poster on the SI thread for SUNP and no one has yet given me a reason not to love it. I was also a big fan of IMGN, but your analysis of the potential for a dilutive financing around the corner is cogent, so I took my profits at 3-3/16ths. Do you want to take a shot at convincing me to sell SUNP too? :-)

Marc
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