<many of the leading biotechs are near term over extended>
Are you including the genomics companies (eg HGSI, CRA) in this? I am hoping that some of these companies will form a flag, and allow an entry point.
On another topic, I have a small profit on LEAF, but need to get funds to move into ICGE and possibly EPNY. This may not be such a bright idea, as in the recent past I have sold IWOV and ITWO to "free up funds"...quite silly in retrospect...Any thoughts on LEAF? With XML conference this week, I was hoping for a pop, but no go so far.
FFIV is another interesting stock- sitting just above 50 day MA, lockup over, undervalued IMHO relative to its peers...has frustrated me in past-one of those stocks I can't seem to time correctly.
On the bright side, entered SDLI and EXDS end of Nov., and those are looking good. Still long BVSN, QCOM, JDSU, ARBA, CMRC, RBAK, SMMX. Bought EMLX today, with bounce off 50 day and a doji.... |
